A couple years ago BTC topped out with a Bearish Logscale Butterfly and now it may be looking to Bottom out to the Bullish Variant of the same Harmonic. We have a Tripple Bullish Divergence on the MACD and an additional Bullish Divergence on the RSI.
Looks to be evidence of a channel change unfolding on AUDCHF. This level happens to be a 50% Fib retracement on Daily chart at support level. Multiple divergence confirms price action, and a W pattern seems to be setting up a long opportunity to test the top of the "new channel" with stops below.
