A Bearish Bat structure is forming on the 4 hr chart of AUDCHF.
0.5 B retracement of XA at 0.66615.
PRZ:
0.887 XA retracement at D at 0.67847
2 BC projection in the area at 0.67941
Have also opened a small long position at the resistance level at 0.6646 which price broke recently.
Also, the currency heat map of AUD and CHF favor a long position.
Hopefully, it will reach 0.887 XA retracement level at 0.67847.
0.5 B retracement of XA at 0.66615.
PRZ:
0.887 XA retracement at D at 0.67847
2 BC projection in the area at 0.67941
Have also opened a small long position at the resistance level at 0.6646 which price broke recently.
Also, the currency heat map of AUD and CHF favor a long position.
Hopefully, it will reach 0.887 XA retracement level at 0.67847.