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unovation

AUDCHF 4H short

Short
Australian Dollar / Swiss Franc (FX:AUDCHF)  
unovation Updated   
FX:AUDCHF   Australian Dollar / Swiss Franc
Triangle Support and Resistance Fibonacci
4
0
triangle supportandresistance fibonacci
1. Wave A down trended with ABC correction
2. Wave B formed symmetric triangle and broke down support
3. Short position at break down support (now resistance)
4. TP = fib ext. 1:1 of Wave AB
5. SL = slightly higher Wave E of triangle
Trade closed: stop reached:
SL reached, position closed
PX2
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