Get started
John_Mwaniki

AUDCHF Analysis: Short term trade

Short
Australian Dollar / Swiss Franc (OANDA:AUDCHF)  
John_Mwaniki  
OANDA:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Technical Indicators Chart Patterns AUDCHF audchfshort audchfsignal audchfanalysis Ascending Channel Symmetrical Triangle trianglebreak
4
0
trendanalysis indicator chartpattern audchf audchfshort audchfsignal audchfanalysis ascendingchannel symmetricaltriangle trianglebreak
AUDCHF is generally in an uptrend and following an ascending channel.
However, currently it has formed a triangle pattern within the structure which may present a short term trade opportunity.
I have marked it a short because personally I feel the triangle may break from the bottom side. You may wait for the breakout to confirm your side of the trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.