AUDCHF - Watch For This BIG Drop!

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AUDCHF is currently at a really good place to look for shorts. It is likely that we are currently in a higher timeframe ABC correction and we're seeing the completion of Wave A and anticipating wave B.

On lower timeframe. we're watching for rejection of the channel resistance and a trendline break to confirm shorts.
4H

Taking TP at around 0.65 (300pips)

Goodluck and as always, trade safe!

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ملاحظة

AUDCHF Update - seeing a retracement now but expecting further drop