Possible Long scenario on AUDCHF
Hey traders,
pair has recently broken the uprising wedge it was following strictly for days, and after the lower trendline retest it made some bearish moves which ended at the 61.8 Fib Level of the wedge with a beautiful double bottom pattern which indicates trend reversal. The neckline is clear on the chart, so after it breaks, I expect long continuation to the 100% or even a higher extension level.
Thanks! :)
pair has recently broken the uprising wedge it was following strictly for days, and after the lower trendline retest it made some bearish moves which ended at the 61.8 Fib Level of the wedge with a beautiful double bottom pattern which indicates trend reversal. The neckline is clear on the chart, so after it breaks, I expect long continuation to the 100% or even a higher extension level.
Thanks! :)