Looks Like AUDCHF caught itself into range trade between AHD and CHF demand Equilibrium,
territory was very bullish for very long time from daily perspective , but last HIGH swing looks like it become a bit expansive for the people interesting
in AUD ,
Current demand is waged in favour of CHF while AUD was bullish way to long to just DIE out,
I am not saying here is the spot and market will swing up, it can very well get lower one or 2 more floors
but if buyers will step in, it is in perfect spot
at the same time the entry aligns with a lot of classical retail trading strategies , which could add fuel to my long
Our conformation: Overal BULL
minor : BEAR
Both direction had its run
ANEW UD demand zone conformation
CHF previous Demand zone conformation
...
Keep Calm
apply and repeat
territory was very bullish for very long time from daily perspective , but last HIGH swing looks like it become a bit expansive for the people interesting
in AUD ,
Current demand is waged in favour of CHF while AUD was bullish way to long to just DIE out,
I am not saying here is the spot and market will swing up, it can very well get lower one or 2 more floors
but if buyers will step in, it is in perfect spot
at the same time the entry aligns with a lot of classical retail trading strategies , which could add fuel to my long
Our conformation: Overal BULL
minor : BEAR
Both direction had its run
ANEW UD demand zone conformation
CHF previous Demand zone conformation
...
Keep Calm
apply and repeat