Short AUDCHF in Area of Confluence & Value Short

Australian Dollar/Swiss FrancFXCM

Description

⋅ Aug 20, 2019 6:00 AM

The confluence of these 3 factors signals an ideal short in an area of strong resistance:
1) Resistance
2) Trend line
3) Stochastic is in overbought level

This trade provides a high risk-to-reward ratio of 1:4.1.

Trade active

⋅ Aug 21, 2019 2:25 PM

Trade closed: target reached

⋅ Aug 26, 2019 3:25 AM

Comments

transparent-fx

⋅ Feb 20, 2020 10:46 AM

here is what I have, quite interesting pair