Hello TradingView Family / Fellow Traders,
On Daily: Left Chart
AUDCHF is retesting a strong resistance zone so we will be looking for sell setups on lower timeframes.
On H1: Right Chart
ð For the bears to take over, we need a momentum candle close below the last major lower in gray.
ð Meanwhile, AUDCHF would be bullish, and can still trade higher inside the resistance or even break it higher.
ð Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr