nahfist

AUDCHF - Could breakout either way

Short
FX:AUDCHF   Australian Dollar / Swiss Franc
-Daily trend is bearish based on EMA
-4h FVG tapped and rejected
-TP 1 will be demand zone, thereafter, trade set to BE
-Prices trading in a tight range and ripe for breakout. Question is, up or down?
-I am leaning to the downside simply due to daily bearish trend but risky trade still
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.