TradingView
PrimedGroup
Aug 24, 2020 12:01 PM

AUDCHF with an Excellent Day-Trade SELL! Short

Australian Dollar/Swiss FrancFXCM

Description

We're short on AUDCHF... AUD has been a little weak in the late last week trading session, and is now showing good signs of the weakness continuing.

In terms of our indications, price is bearish (4H).

The pattern we are trading is a bearish continuation ( Wedge)

The risk reward is very solid and the fact that price is rejecting the 61.8% of the fibs is indicating that we can also compound this trade idea.

More on this in our community!
More