AudChf - Tactical short

FX:AUDCHF   Australian Dollar / Swiss Franc
83 0 1
Price level of 0.8570 is resistance as per my system, the cyclic change is also pointing towards short move.... However there is couple of hiccups in this trade is significant negative swaps which will make cost to trade little heavy. Also price is still above the weekly open price which is establishes general sentiment for this week. However shorting at right time will give good swing trade as per my analysis. I have already shorted lighter lots at 0.856x price, & waiting for price to start behaving as per expected to add to the short. Key things I watching to add to my shorts are break of TL in h1 which is drawn in chart & weekly candle turning bearish . As tomorrow is last day of the week, & given that price has not traveled to far from the weekly open, its not unusual to see price reversing entire gain of the week on friday. So waiting for price action to dictate further action.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out