AUDCHF Is Looks like Following Adam and Eve Pattern
Wait for Neckline Breakout If a break invalid condition take
Entry.
Adam And Eve. This pattern provides big profit opportunities when the reversal occurs at the end of parabolic rallies. According to Thomas Bulkowski's Encyclopedia Of Chart Patterns, the Adam and Eve formation is characterized by a sharp and deep first bottom on high volume (Adam).
Pending order
Sale Trade: 0.68571
1st Target 0.68359
2nd Target 0.68160
3rd Target 0.67863
4th Target 0.67721
Stop loss: 0.68852
IT IS HIGHLY RECOMMENDED TO FOLLOW THIS RISK MANAGEMENT STRATEGY.
Note: This is only for Educational Purpose this is not Investment advice.
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Adil Khan