AUD/CHF has touched the trend line it broke on larger time scale and is now back within the range shown by the yellow box.
I am awaiting some sort of rejection candle on the 1H or 4H to enter a sell from the top of the yellow box. If I dont get the candle, I wont be entering, plenty of other set ups to wait for instead.
S/L above the 61.8% fib.
Two T/P areas
1st - 0.67000 (short term trade)
2nd - 0.65500 (long term trade)
I am awaiting some sort of rejection candle on the 1H or 4H to enter a sell from the top of the yellow box. If I dont get the candle, I wont be entering, plenty of other set ups to wait for instead.
S/L above the 61.8% fib.
Two T/P areas
1st - 0.67000 (short term trade)
2nd - 0.65500 (long term trade)