As can be seen in the AUDCHF chart, the price has reached the bottom line of the channel after a strong drop "this power continues NOW". This line also coincides with the 78.6% Fibonacci level from the previous move. In case of a suitable sign, you can enter the LONG position and place the stop loss on the other side of the bottom trend line of the channel and in the vicinity of the level of 88.1 from the previous Fibonacci move.