AUDCHF is sitting right at a key confluence zone. Price has already broken the daily trendline and is retesting inside the ascending channel.
On H4, we have a potential Shark/alt Bat completing around 0.5240, right at the channel support. This area is lining up with harmonic completion + structure support, so I expect buyers to step in. I’ll wait for H1 confirmation to avoid a trap, but the bias is bullish as long as 0.5215 holds.
Targets remain 0.5285 first, then 0.5320 if momentum continues.
On H4, we have a potential Shark/alt Bat completing around 0.5240, right at the channel support. This area is lining up with harmonic completion + structure support, so I expect buyers to step in. I’ll wait for H1 confirmation to avoid a trap, but the bias is bullish as long as 0.5215 holds.
Targets remain 0.5285 first, then 0.5320 if momentum continues.
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