Bullish pennant forming on AUDCHF.
Looking for a price to break above resistance of the pennant before seeing a restest of resistance and then continued bullish movement.
AUDCHF has been in an uptrend for a number of weeks, so I am looking to join in on this trend rather than going against it.
I will look for confluence with the indicators to increase the probability of the trade.
Looking for a price to break above resistance of the pennant before seeing a restest of resistance and then continued bullish movement.
AUDCHF has been in an uptrend for a number of weeks, so I am looking to join in on this trend rather than going against it.
I will look for confluence with the indicators to increase the probability of the trade.