Hello and welcome to my Trade Idea of the currency pair AUD/CHF.
Lets start with the Top Down Analysis.
Monthly: The monthly view is bearish.
Weekly: The weekly timeframe had beautiful big bearish candles in the past.
Daily: The daily timeframe is bearish too with a little consolidation right now.
H4: We draw on the h4 timeframe the counter trendline and the powerful resistance area. We wait for a confirmed breakout.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: The monthly view is bearish.
Weekly: The weekly timeframe had beautiful big bearish candles in the past.
Daily: The daily timeframe is bearish too with a little consolidation right now.
H4: We draw on the h4 timeframe the counter trendline and the powerful resistance area. We wait for a confirmed breakout.
Have a nice day.