Supply-Demand

3 Eki

God day traders, I hope you have been well. Let's get into it. As you can see on the image above of AUDCHF Long we clearly have our support and resistance indicated by the blue and red lines. Blue lines are our strong support and red lines are our resistance, price rejected our strong support after it had left a huge wick from the down side, this indicating and other chat patterns, pair correlations and technical analysis very strong bullish trend. Since this is the daily timeframe I suggest you scale down to the lower timeframes to get more details on the story line or how price is going to go about completing our setup.