Possible Trend Reversal on AUD/CHF?

FX:AUDCHF   Australian Dollar / Swiss Franc
Hi Traders

AUD/CHF (H4 Timeframe)

A medium to high probability, entry to go SHORT is forming @ 0.69940 after the market found resistance @ 0.72270. Only the upward break of 0.72270 would cancel this bearish scenario.

Trade details:

Entry: 0.69940
Stop loss: 0.72270
Take profit 1: 0.68565
Take profit 2: 0.66235
Take profit 3: 0.62437

Score: 7
Strategy: Bearish Trend Reversal


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