What's up everyone, here we have AUD/CHF on the daily chart with a very distinct ascending channel.
Price has been trading within this area since May/June 2016 testing both support and resistance various times, with no sign of a clear breakout.
I'm expecting this channel to break down in the near future.
Keep an eye on this price structure for going long or short in the market, stay safe!
Please feel free to leave your opinion below.
Price has been trading within this area since May/June 2016 testing both support and resistance various times, with no sign of a clear breakout.
I'm expecting this channel to break down in the near future.
Keep an eye on this price structure for going long or short in the market, stay safe!
Please feel free to leave your opinion below.
📈 Master the Art and Science of Trading: sixfigurecapital.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Master the Art and Science of Trading: sixfigurecapital.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.