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KVE
Nov 24, 2015 8:02 PM

AUD/CHF: Harmonics leading the way? Short

AUSTRALIAN DOLLAR / SWISS FRANCICE

Description

Consolidation before we resume the uptrend or start of a new downtrend...?
Harmonics might show us the path for the near future.

2 possible setups in the chart, 1 based on a possible bat, the other based on an AB=CD pattern (0.786 ret. suggests possible 1.27 ext.).

I've set my orders for both but might cancel the highest entry if the first one gives us a good reaction.

Trade closed: stop reached

Loss on the first, small profit on the second, not so good...
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