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 view is bearish.


Weekly: The weekly timeframe had beautiful big bearish candles in the past.


Daily: The daily timeframe is bearish too with a little consolidation right now.


H4: We draw on the h4 timeframe the counter trendline and the powerful resistance area. We wait for a confirmed breakout.


Have a nice day.