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The808Trader

Long Term Swing - Ichimoku AUD/CHF Trade Setup

Short
Australian Dollar / Swiss Franc (FX:AUDCHF)  
The808Trader Updated   
FX:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators AUDCHF audchfshort audchfsignal audchfforecast Ichimoku Cloud the808trader Bearish Patterns swingtrading swingtrade
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trendanalysis chartpattern indicator audchf audchfshort audchfsignal audchfforecast ichimokuclouds the808trader bearish swingtrading swingtrade
This pair had been stuck in a zone for awhile but is now testing a major price structure support level. This is a pretty straight forward setup where I am looking for a break of price structure support for a chance to swing trade lower. I've set my long term target at major price structure lows you can see on the left side of the screen, but we have lots of levels to aim for as long this bearish trend stays valid. I've drawn out horizontal lines at a lot of these levels that I will use for partial take profit levels to aim for along the way. If we fail to break through this support level or continue on a bearish trend, this setup may become invalidated.
Comment:
Perfect setup, went exactly like we were wanting with profit still running
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