Hi traders,
On the AUDCHF I'm looking to sell the breakout of this upper trendline. The target would be the next trendline, which also happens to be the 50% Fibonacci retracement and previous support and resistance.
Cheers
On the AUDCHF I'm looking to sell the breakout of this upper trendline. The target would be the next trendline, which also happens to be the 50% Fibonacci retracement and previous support and resistance.
Cheers
Trade active:
Closed below the trendline.
Comment:
Expected price movement
Comment:
As expected we are a bit stuck at the 38.2% retracement for now.
Comment:
Comment:
Retest of the trendline
Comment:
30 min chart
Trade closed: stop reached
