AUDCHF analysis 08.05.22020
The ascending H1 level pattern is truncated (wave C didn’t break through the 88.2% fib level). Awesome Oscillator shows bearish divergence, while Stochastic Oscillator signals overboughtness.
Trading recommendations:
Sell while a descending wave pattern is forming, where wave A breaks through the inclined channel of the ascending truncated H1 …