AUDCHF formed a huge head and shoulders pattern on a daily. This week its horizontal neckline was broken, now we see its retest.
To short with a confirmation, I am currently monitoring a triple top pattern on 1H. We need an hourly candle close below its neckline to confirm a bearish continuation. Only then I will short on a retest.
Initial target will be 0.683
If the price sets a new higher high on 1H, the setup will be invalid.
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