AUD/CHF Expecting the price move down to support
Updated
Yo traders,
Simple trade idea.
Have marked the support and resistance on the daily TF. The price bounced of the support and is moving correctively towards the resistance.
On checking the FIB level on the last swing the price is now touching the 61.8% Fib level which is in confluence with the resistance.
Looking to go short on 4H tF based on price action
Please like support and comment your thoughts.
Thanks
Madtradex
Simple trade idea.
Have marked the support and resistance on the daily TF. The price bounced of the support and is moving correctively towards the resistance.
On checking the FIB level on the last swing the price is now touching the 61.8% Fib level which is in confluence with the resistance.
Looking to go short on 4H tF based on price action
Please like support and comment your thoughts.
Thanks
Madtradex
Note
another profitable trade. Closed half my position to take profits. Leave the rest to keep running if it wants to go further down. Upto support
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