AUDCHF: Swing Short Explained 🇦🇺🇨🇭
https://www.tradingview.com/x/SDyq8zi3/
On the today's live stream, we discussed AUDCHF.
The market is trading in a long term bearish trend.
In the middle of August, the market started a correctional movement
within a bearish flag pattern.
After the price reached the confluence zone between a horizontal resistance
and a falling trend line, the market dropped and violated a support line of the flag.
It will most likely push the prices lower to 0.5626 - current low.
❤️Please, support my work with like, thank you!❤️
On the today's live stream, we discussed AUDCHF.
The market is trading in a long term bearish trend.
In the middle of August, the market started a correctional movement
within a bearish flag pattern.
After the price reached the confluence zone between a horizontal resistance
and a falling trend line, the market dropped and violated a support line of the flag.
It will most likely push the prices lower to 0.5626 - current low.
❤️Please, support my work with like, thank you!❤️
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