Hi there everyone,
As you can see AUDCHF is on a downtrend for quite sometime. Right now I have spotted 2 Hidden divergences on the given S&D zone. It is highly likely to drop down to first target before it make any move to either further down or higher. I have strong short bias due to the confluence of many technical factors. In a conservative approach I will wait for the pair to make another test to the zone and with a reversal candlestick pattern I will take a trade. I think it has a very good potential and a great R:R ratio. Stay green.
As you can see AUDCHF is on a downtrend for quite sometime. Right now I have spotted 2 Hidden divergences on the given S&D zone. It is highly likely to drop down to first target before it make any move to either further down or higher. I have strong short bias due to the confluence of many technical factors. In a conservative approach I will wait for the pair to make another test to the zone and with a reversal candlestick pattern I will take a trade. I think it has a very good potential and a great R:R ratio. Stay green.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.