AUDCHF: High-Confluence Short at Daily Resistance (1:12+ RR)

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AUDCHF: High-Confluence Short at Daily Resistance (1:12+ RR)Australian Dollar / Swiss FrancFOREXCOM:AUDCHFsco_solomon​📌 Trade Overview ​Following a massive short-term bull run, AUDCHF has tapped directly into a key Daily Resistance Zone. The bulls are officially running out of steam. We have multiple high-probability structural and momentum signals confirming that the bears are taking over, presenting an incredible opportunity to catch a premium short with a 1:12+ Risk-to-Reward ratio. ​🔍 Key Confluences ​Higher Timeframe Resistance (Daily): Price has mitigated a strong daily supply/resistance level, capping the recent aggressive bullish impulse. ​Liquidity Sweep & Protected High: The market aggressively swept the recent highs to grab buy-side liquidity before quickly dropping. This structural rejection has created a highly reliable Protected High. ​1-Hour Candlestick Confirmation: A textbook Bearish Engulfing pattern has closed on the 1-hour timeframe, confirming immediate institutional selling pressure. ​2-Hour RSI Divergence: Looking closely at the momentum, the Relative Strength Index (RSI) is showing a clear bearish divergence on the 2-hour timeframe. While price made higher highs (during the sweep), the RSI printed lower highs, heavily confirming a loss of buyers' strength. ​🎯 Trade Execution & Risk Management ​Setup Type: Bearish Reversal / Liquidity Run ​Risk-to-Reward (RR): 1:12+ on full TP ​Stop Loss (SL): Positioned safely just above the newly formed protected high. ​Invalidation: A clean, structural body close above the daily resistance high invalidates this setup. ​💬 Let’s Discuss! ​Are you riding this short down with me, or do you think the Swiss Franc weakness will let the Aussie Dollar push higher? ​Let me know your thoughts or share your charts in the comments below! If you appreciate this clean, high-RR analysis, please drop a 👍 Like and click Follow to stay updated on this trade! ​Tags to use: #forex #audchf #smc #rsidivergence #priceaction