This is a potential swing trade for AUDCHF.
It is at its fourth swing of elliots wave and is looking to finish off its trend,
There is a cross of two trend lines on a key zone (lines up close to the 61% fib)
The target zone also lines up nicely with prior market price
The 61% also lines up with previous support that has now turned into resistance.
Im also hoping...
Is still on a down trend and this would be its final movement of a not so clean elliots wave. Its in a very strong PRZ. The fibs from the very first swing high to swing low and the second swing high to swing low both line up at very key levels. (38% for the first swing high and the 61% on the second swing of the trend) Taking all these into consideration and how...