POTENTIAL AUDCHF long

Wait 5 sec.

POTENTIAL AUDCHF longAustralian Dollar / Swiss FrancFOREXCOM:AUDCHFKetika_Capitalwe are now in a waiting phase. I believe audchf is going to go up after it takes out liquidity (i mark liqudity in the chart with the blue dotted line) it can go up after taking either from the 1st liquidity or the 2nd. With that being said, how do we know which Liqudity it will go up from? WelL, thats where we wait. What are we waiting for u might wonder? We're waiting for a Market structure shift in the lower time frame. so if you go to 15m -1h tf, we are waiting for a shift where the market going bearish to bullish. This is also commonly known as inverse head and shoulder pattern in summary. I will CONFIDENTLY "BUY" only once; 1. Liqudity has been taken (touch or passed through) 2. Inverse head and shoulder pattern has been form in the lower time frame (5m-30m)/1h