Bonavest

SHORT Based on Daily Signal

Short
Bonavest Updated   
FX:AUDCHF   Australian Dollar / Swiss Franc
7
The Daily shows a SELL signal right up under a solid resistance line plus we can see here on the 4 hour we are looking pretty topped out. Should be a good run down. I will try to let the trade ride and not set a hard take profit level.

0.7261 will prove to be a good support level that will need to be broken to provide further down, otherwise I will be looking for a bounce to carry the price UP for awhile.
Comment:
The Daily has some good SHORT biased indicators like 50 and 100 SMA as well as a SELL signal on today's candle.

Comment:
Got caught in another one of my early signals... too soon, too soon.
Comment:
FAIL... LOL

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