AUDCHF - Price Action Short
All,
Similar to the AUD/USD setup I posted, we have yet another AUD setup. Here is why I am going short:
Entry:
1) Lower highs
2) Break and re-test of uptrend channel (Purple channel)
3) Daily chart Price action candlestick pattern is a hanging man
Exit (blue box), Major Confluences:
1) 1.27 fib extensions within the blue box of different swings
2) 50% fib retracement of Dec 2013 swing low to recent Oct 2014 swing high
3) October low
4) .8200, round number
For the above reasons, I am short AUD/CHF. Feedback welcomed.
Similar to the AUD/USD setup I posted, we have yet another AUD setup. Here is why I am going short:
Entry:
1) Lower highs
2) Break and re-test of uptrend channel (Purple channel)
3) Daily chart Price action candlestick pattern is a hanging man
Exit (blue box), Major Confluences:
1) 1.27 fib extensions within the blue box of different swings
2) 50% fib retracement of Dec 2013 swing low to recent Oct 2014 swing high
3) October low
4) .8200, round number
For the above reasons, I am short AUD/CHF. Feedback welcomed.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.