AUDCHF: The Tale of the Fake Out Break Out
The upward sloping trendline at the bottom is the weekly up trend. We have seen many attempts to breakout of this and they call continue to the upside. I am going to ride the trend and say all though we are below it, we will rise yet again. Also a nice support level as well, looking to go towards the downward 4hr trend line.
Order cancelled:
Manually closed. Can't win them all.