Frankco

AUDCHF-new trend

Short
Frankco Updated   
FX:AUDCHF   Australian Dollar / Swiss Franc
7
short at: 0.76121

Target: 0.75640

Reason 1: The uptrend is actually the big downtrend's correction, after the correction finished, it continus the previous trend.

Reason 2: The candle 10/03/2017 18:00:00 has a long shadow, means the uptrend is finished.
the downtrend took over.

Comment:
closed the trade at 0. 76335

0.76121 --- 0. 76335

Loss: 21.4 Pips

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