AUDCHF - Potential big move from here
Last week, price formed a diamond top on the 4-hour chart.
Diamond tops are nice patterns, but quick up and quick down.
The profit has been made and I believe the correction is done. Price should head much higher from here (see Daily chart below).
For less aggressive entry, wait for price to move above the blue box.
Diamond tops are nice patterns, but quick up and quick down.
The profit has been made and I believe the correction is done. Price should head much higher from here (see Daily chart below).
For less aggressive entry, wait for price to move above the blue box.
Comment:
Target for the price move is much higher from here.
