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AUDCHF Channel breakout setup

Dollar Australia / Franc Swiss (FX:AUDCHF)  
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FX:AUDCHF   Dollar Australia / Franc Swiss
Supply and Demand Multiple Time Frame Analysis Parallel Channel
18
4
supplyanddemand mtfa parallelchannel
This pair has lost its momentum and started to move sideways.

Considering that we are at a key support level and 50 moving average at 4 hour chart is violated and retested this bullish move can lead to a channel breakout.

Either way we will not engage until the channel is violated.

Good luck.
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