AUDCHF

Another nice short from rejection of higher prices ( 0.7178 )
Basicly is level good enter for short because of volume accumulation + rejection of higher prices + open drive

What is strong rejection of higher prices? This pattern is made when the price goes one way aggressively and then turns quickly and with the same aggression and speed goes the other way. A classic example would by a type of candle called the " pin bar". But pin bar is not the only visual form of strong rejection. There are many ways a strong rejection can look like!

Happy trading

Dale