AUDCHF Continuation Price Action, Wait For Buys

4 במאי 2022

Hi everyone:

AUDCHF has good bullish price action that can lead to another buying opportunity.

WE can see from the initial impulse phase that leads into a continuation correction.

From the continuation correction there is a confirmed impulse up, out of the correction. Good signs of more bullish momentum.

Now that we can see price has also formed a lower time frame correction and looking like a continuation flag to push the price up more.

Good to wait for price to impulse out and look for lower time frame confirmation to buy to the next highs and higher.

Thank you

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