Aussie/Swiss rises to the top of my list for a couple of reasons, mostly significant retracement, a structural crown within a crown ( ). Break the countertrendline and go in now or pullback equal to the right tip at 7420 Selling into .7270 Stop should be above the last . Thanks!
With regard to aussie chf, the pattern still can still fulfill the short. At the time that I posted the pattern, the trade did not fit my risk reward ratio at that level. It is a level of resistance on the chart and I am still waiting on it. Technically, it would have been OK to enter where I prescribed it, with a small stop above the top of the shoulder at that pivot... It was much easier and safer for me to wait because I utilize 40 pip stops. There was, and always is the possibility that the trade can totally creep up that trendline long... which is exactly what it did. If I can offer anything to you it would be this... sometimes when the right shoulder tip is higher than the left it can totally creep up...it doesn't always do that but it can. I had a trade like that on pound yen last week where it began to show the pattern from lower. I entered and then quickly realized that I had to get out for 30 pips positive when it did not run. I had to exit and then had to wait for 150 pips. It finally did form the bearish crown and then broke the trendline, I entered and it provided 200 pips... after it broke the trendline... So again, if this dips, we will trade the back of the trendline... it's that simple. If it does not, well I'm not on it.. New Zealand Canada on my page is a great example of it. break and pullback.. coming into the TP now. Thanks for your comment.