12-10-2022 _ Update Short Term Bearish Idea _ AUDCHF Daily
That’s an update on Short Term Bearish Idea _ AUDCHF Daily shared on 29-09-2022
1- The price action almost retraced to the Grey Support Zone as expected and then continued further lower towards 100% Fibo. Extension of the 2nd Wave.
2- In the due course of time it has also completed the Harmonic Pattern of AB=CD.
3- Since AB=CD pattern is almost complete; therefore, one can expect a pullback towards the support zone.
1- The price action almost retraced to the Grey Support Zone as expected and then continued further lower towards 100% Fibo. Extension of the 2nd Wave.
2- In the due course of time it has also completed the Harmonic Pattern of AB=CD.
3- Since AB=CD pattern is almost complete; therefore, one can expect a pullback towards the support zone.