AUDCHF: Bearish Cycle Started
Hey guys,
Today we opened a short on the AUDCHF pair. Looking at the 4h Chart we can see how price made a peak high with a divergence after rising with 3 levels. We missed to enter on the top of the high as priced moved already one level lower. We expect a current consolidation zone - holding the 0.5 fib level. Consolidation levels are marked in yellow boxes as always. Trade is not as perfect because risk/reward is only 2.2 but the setup is very clear. Will keep you guys updated in the comment section.
Today we opened a short on the AUDCHF pair. Looking at the 4h Chart we can see how price made a peak high with a divergence after rising with 3 levels. We missed to enter on the top of the high as priced moved already one level lower. We expect a current consolidation zone - holding the 0.5 fib level. Consolidation levels are marked in yellow boxes as always. Trade is not as perfect because risk/reward is only 2.2 but the setup is very clear. Will keep you guys updated in the comment section.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.