AUD/CHF Trade Idea

Hello and welcome to my Trade Idea of the currency pair AUD/CHF.

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe is with very large momentum bearish.


Weekly: Weekly is with strong and huge bearish candles in a downtrend.


Daily: The daily timeframe shows a consolidation and we search for short opportunities.


H4: On the h4 timeframe we see a ranging market with strong support and resistance areas. We wait for a confirmed breakout to the downside.


Have a nice day.