AUDCHF reversal price action at top of the HTF structure

hello everyone:

AUDCHF has manage to push up to the top of the HTF structure from the previous double bottoms.

However, price has failed to continue higher, nor a continuation bullish correction was formed.

Instead we see price formed a reversal price action structure on the LTF, and a bearish pushed down from the top.

I would wait for a continuation correction to form here and look for possible entry to continue the bearish price all the way down to previous lows.

Thank you

Bình luận:

Bearish reversal at top of structure, "M" reversal pattern