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Lanmar
Jul 13, 2016 8:37 PM

AUDCHF: 60min Short Short

Australian Dollar/Swiss FrancFXCM

Description

High probability short from here. Be aware of the possible breakout to the upside.

Trade closed: target reached

Closing short position. Not going long yet due to TL break. Will wait for improving PA.

Comment

Some strong support developed at my blue line. No interest in going long anymore. I actually see it moving lower. We'll see. I'm not making a trade here regardless.

Comments
Smartpredictor
I think a breakout move first is likely - .7731 on SPOT? But yes, getting close to a top.
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