AUD/CHF Trading Analysis (01/11/2023)
The trend is descending. The uptrend wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Sell at the formation of the downtrend wave structure, when the A-wave breaches the sloping channel of the ascending truncated structure. …