AUDCHF broke and closed above the descending channel.
The market is in a bearish trend on the 4-hourly chart as well as on the daily.
Price has created the confluence level where we have resistance 88.6% fibo level and bearish harmonic pattern.
We expect a false breakout of the resistance and a pullback.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is in a bearish trend on the 4-hourly chart as well as on the daily.
Price has created the confluence level where we have resistance 88.6% fibo level and bearish harmonic pattern.
We expect a false breakout of the resistance and a pullback.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex