Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
CHF to Battle on? - AUD/CHF Ichimoku Short Trade SEtup
Australian Dollar / Swiss Franc
Short
CHF to Battle on? - AUD/CHF Ichimoku Short Trade SEtup
By The808Trader
Follow
Follow
Jan 5, 2020
7
Cheer
Cheer
1
1
Jan 5, 2020
This pair finally saw a push down after a week of Aussie Strength.
I am looking for a slight push back up to test the flat edge of the kumo.
These areas typically act as a strong resistance and I am looking for a decent rejection to help confirm this bias.
If we can get that rejection candle or a strong hold there, then I will sell down to my overall price structure target I've laid out.
I've also drawn several partial take profit levels to aim for along the way.
If we fail to get the rejection at the kumo, or if our bearish confirmations change, this setup may become invalidated.
AUDCHF
audchfshort
audchfsignal
Bearish Patterns
Chart Patterns
Ichimoku Cloud
ichimokuforex
ichimokukinkohyo
Technical Indicators
the808trader
Trend Analysis
The808Trader
Follow
Follow
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
.