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ForexWizard01

AUDCHF is in sell zone!!

Short
Australian Dollar / Swiss Franc (FX:AUDCHF)  
ForexWizard01 Updated   
FX:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators AUDCHF audchfsignal audchfidea audchftrade audchfforecast audchfanalysis audchfsell audchfshort audchfbreakout
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trendanalysis chartpattern indicator audchf audchfsignal audchfidea audchftrade audchfforecast audchfanalysis audchfsell audchfshort audchfbreakout
AUDCHF 4H has formed a very strong bearish price action after multiple liquidity grab from the resistance level. Currently, in the previous session price has broken with a bearish engulfer that also grabbed liquidity from local resistance with a head & shoulder formation. Price is now at a retracement level and it is a high probability that the price will continue to drop in this direction. A sell trade upon rejection is a high probability setup.

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