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TradewithDann
May 6, 2020 1:22 PM

AUDCHF SHORT Short

FX:AUDCHF480
Australian Dollar/Swiss FrancFXCM

Description

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as you can see the price has broken out of the channel and has now pulled back to the 0.5 fib which also corresponds with retesting the channel.

if respected, awaiting engulfing candle to go short.

TP1 - 0.382 fib
TP2: - 0.5 fib

Trend AnalysisChart PatternsAUDCHFaudchfsellaudchfforecast
Comments
ZenHarmonic
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Great analysis, but i have different idea on this:

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