FX:AUDCHF   Dolar Australia / Franc Swiss
As you can see with this pair price had reached the bottom of a larger pattern, then it pushed upwards and is now creating a larger corrective pattern within the large one. For this pair I will enter this pair at a low risk entry of the bottom of the smaller pattern as you can see by the targets. I have two targets one which is up to the small corrective pattern. The other target is a long-term target which is up to the top of the large pattern, which I will only be entering if price breaks out pushes up and creates a corrective flag pattern as this has a higher profitable probability to occur. As you can also see on H4 higher time frames price is rejecting off the current level too. I will keep you updated on this one.
Penafian

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