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zorrays
Dec 18, 2018 12:53 AM

AUDCHF - Buy Opportunity  Long

Australian Dollar/Swiss FrancFXCM

Description

Gartley Pattern

Targets based on 382 and 618 ratio of X-A's retracement.
Comments
Klimex
Great idea on AUDCHF, glad that we have the same bullish view. For our set up, we have identified key resistance and support levels. Price is approaching support at 0.7100, which is made up of 50% Fibonacci retracement and a horizontal swing low support. Should price bounce off this level, it might potentially go up to the major resistance level at 0.7193, which is made up of a 38.2% Fibonacci retracement and a horizontal swing high resistance. Please take a look at our idea and let us know what you think.

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