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jojofang0901

AUDCHF Watch for bullish up move

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Dollar Australia / Franc Swiss (OANDA:AUDCHF)  
jojofang0901 Diupdate   
OANDA:AUDCHF   Dollar Australia / Franc Swiss
Chart Patterns Flag Parallel Channel priceaction structure pattern impulse correction
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chartpattern flagpattern parallelchannel priceaction structure pattern impulse correction


Hello traders:

Looking at AUDCHF price action for the buy potential.

WE can see that from the previous HTF continuations, price has impulsively break up to the upside.

Naturally, after a strong bullish run, price needs to correct, and we are seeing a deep, HTF bullish flag/parallel channel in the making.

Latest price action had a descending channel, t the bottom of the overall price action. Good sign of reversals

Watch for price to complete the descending channel, breaking up impulsively, and watch for LTF continuation correction for the buys.

Thank you
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