AUDCHF - Nearly ready for a Long

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Hi Guys,

Here we have the AUDCHF on the Weekly Chart.

There is quite a bit of detail on the chart and below are key points to note:

* Huge Bullish Shark has just completed and performed perfectly
* Currently trying to break a weekly support level
* Trying to Break 0.618 of last up swing
* Four hour is showing an uptrend but the is potential for some pull back
*1:3 Risk to Reward
*Daily has just broken a recent Downtrend

I am waiting for the potential retracement on the four hour - i think it will be around 40 pips. I will then look to enter a long.

Do let me know of any questions.

Thank You!

Victoria

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