Technician

AUDCHF: Quick Counter-trend Short

Short
FX:AUDCHF   Australian Dollar / Swiss Franc
5
Update: Missed entry

A simple counter trend short setup, on a pin bar rejection and Bearish divergence on momentum. Entry is a bit higher at 0.8305, for a better risk-reward.

Good Luck, join me at :
twitter.com/thefxchannel
thefxchannel.com
-------------------------------------------------------
Still Active Trades:

Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losing is a main part of the game ;)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.