Get started
BigBoss88

AUDCHF running into resistance - Short

Short
Australian Dollar / Swiss Franc (FX:AUDCHF)  
BigBoss88  
FX:AUDCHF   Australian Dollar / Swiss Franc
Support and Resistance Trend Lines Multiple Time Frame Analysis
0
0
supportandresistance trendline mtfa
Hi Guys
So you can see here that the trend is rising but failed to breach the higher TF falling resistance trendline (bold line).
We can also then see lower lows and lower highs.
I think it is a short with SL just past the previous high and TP near previous low. RR 1.5
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.