Hello Traders,
AUDCHF has traded into a weekly supply zone and has just hunted buy-side liquidity. In the weekly order block, there is an unmitigated daily order block that I expect the price to mitigate and react from.
I will be monitoring price movement as it trades in the weekly order block to see if there would be a CHOCH on the 1-hour timeframe.
Follow for more updates.
Cheers,
Jabari
AUDCHF has traded into a weekly supply zone and has just hunted buy-side liquidity. In the weekly order block, there is an unmitigated daily order block that I expect the price to mitigate and react from.
I will be monitoring price movement as it trades in the weekly order block to see if there would be a CHOCH on the 1-hour timeframe.
Follow for more updates.
Cheers,
Jabari