AUDCHF: One more push up and then down?

Hey Traders, AUDCHF is about to fall. One more push up is more probable, the last up move is not needed for the structure but it will be better for the R:R

This is a short to medium term trade and it can turns out to be a long term trade, depending on how market will perform.

P.S. Do not think that market cannot go higher, wait for your sell setups before you jump in.

If you want us to post more charts, setups and explain more about the next move, make sure to follow us, like and comment.

At "We Trade Waves" we are 2 partners, Alain M and Tee S. After experimenting most of the known theories over the past 12+ years, we came to the conclusion that not a single system is powerful enough to make you a consistent profitable trader so we have created our own unique system which is a combination of Wave Analysis, Elliott wave theory, Price action, Market structure, Order blocks, Levels and our findings.

What we are sharing here is only our point of view on what could be the next move in the market based on our wave analysis concept so this is a directional bias and not signals...


DO NOT FORGET OUR 4 GOLDEN RULES:

1) Do not over-risk
2) Do not over-trade
3) Do not trade without stop loss
4) Never ever add to losing position


Trade with care
We Trade Waves Team

Comment:

Those of you who are in the sells, manage your trades. I.E. take partial profits and move the rest to break even.