The AUD/CHF D1 chart has a double top pattern, and the RVI indicator has also begun to break through the 0-axis below and enter a downtrend. The bullish power of the MACD indicator has subsided, and the bearish power has gradually formed. If you pursue stability, you can wait for the signal line to break through the 0-axis before entering the market. The SAR indicator can see that the indicator is very far away from the price, indicating that the bearish force in the market is still in the majority.
If the price of the H1 chart touches the upper resistance level and fails to break out of the trend, a reversal will be possible.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.201:46 PM
