AUDCHF Sell Idea
On a longer term my view towards this pair is bullish.
A pull back can be expected at the place where the price is currently.
H4 - We had a bullish cycle (green arrows)
As long as the last high holds we can try to short.
We will reanalyze the situation, if the price breaks the last high.
We will be looking for two waves down (red arrows) that ends with divergence.
That will be our signal to get out of the sells and start looking for buys again.
A pull back can be expected at the place where the price is currently.
H4 - We had a bullish cycle (green arrows)
As long as the last high holds we can try to short.
We will reanalyze the situation, if the price breaks the last high.
We will be looking for two waves down (red arrows) that ends with divergence.
That will be our signal to get out of the sells and start looking for buys again.
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