AUDCHF (Short) Short

AUSTRALIAN DOLLAR / SWISS FRANCICE

Description

⋅ Jun 16, 2023 8:08 AM

Potential Short Trade

Dow Theory In Place - Lower High formed and Lower Low in formation
Candle Sticks - Bullish Engulfing at the top.
Bullish Trend Still intact
Divergency at both 1 & 4 Hour
Price Getting reversal from Resistance Levels
(Watch out your levels)

Risk to Reward
TP 1 - 1-1
TP 2 - 1-1.5
TP 3 - 1-2

**Risky Trade. Trend not yet broken

Trend Analysis