POTENTIAL SHORT TRADE SET UP FOR AUDCHF

Analysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.


Entry: The price has reached the upper boundary of a higher time frame (HTF) bearish continuation structure, approaching this zone with an ascending channel on the mid time frame (MTF). On the lower time frame (LTF), a bearish impulse has developed, and we will be watching for a continuation pattern to pinpoint a potential entry point for the trade.

Expectation: A downward move is anticipated, targeting the lower boundary of the HTF bearish continuation structure.

⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!