YongLiang
Short

AUD/CHF, DAY CHART, SHORT (27-NOV-2016)

FX:AUDCHF   Australian Dollar / Swiss Franc
AUD/CHF             is trading in the range between the resistance and support zone indicated.

In recent times, the price is trading in a downward channel .
The price is approaching the resistance zone and the upper side of the downward trendline .

We see the recent candlestick as a bearish pin bar .

If the bullish trend still remain strong, don't bother to entry as the potential reward/risk is not good.

Trade safely with proper risk management :)
Trade active: Now, after breaking the upper downtrend line...There is a strong bearish bar appeared.
A good signal to short.

EP: 0.75064
SL: 0.75985
TP1: 0.74001
Trade closed manually: A dangerous bullish signal appeared.
Decided to exit early and absorb the lose of 34 pips.

Always analyze your trade with a neutral of mindset.
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