AUDCHF - Wait For The Bears 🐻

Hello TradingView Family / Fellow Traders,

On Daily: Left Chart
AUDCHF is retesting a strong resistance zone so we will be looking for sell setups on lower timeframes.

On H1: Right Chart
📈 For the bears to take over, we need a momentum candle close below the last major lower in gray.

📉 Meanwhile, AUDCHF would be bullish, and can still trade higher inside the resistance or even break it higher.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr