current short on AUDCHF Short

Australian Dollar/Swiss FrancFXCM

Description

⋅ Jan 27, 2017 10:21 AM

Head and shoulder pattern formed , neckline is a key level (0.75400), 78.60% is also in that zone
price broke and retraced back to 0.75400
expecting price to travel to 127.20% (TP1) and to 161.80% (TP2)
stops below 50.00%