Following the trend line at daily chart we can see clearly the bearish channel pattern and the price already touch the resistance line of the channel pattern. With all information we got and the confirmation are created, by using resistance area i will put my stop loss on it. Remember use your own money management guys !
La tendencia general es fuertemente bajista, tenemos un punto a favor por ese lado, luego del rompimiento de la tendencia en H1 claramente se ve que el mercado va tocar el precio que indica el soporte marcado en el barra celeste
If we look at the AUDCHF pair, we can see it has been in a huge wedge pattern for some time now. It has finally broken down through the bottom of the wedge, and now appears to be retesting the outer edge of the wedge. I think we could see a move down to a previous zone of support.
