Shorting the last leg
Hello traders,
I'm currently short on AUD/CHF
Pointing out the confluences below:
- PA tapped into the previous lows (corrective squeeze)
- Impulsive breakout of the squeeze
- PA formed a 3-touch continuation pattern and closed with full PA on the 4H
- Potential 3-touch expanding which leads to a area of value (previous volume was triggered.
Managing accordingly if we break out.
I'm currently short on AUD/CHF
Pointing out the confluences below:
- PA tapped into the previous lows (corrective squeeze)
- Impulsive breakout of the squeeze
- PA formed a 3-touch continuation pattern and closed with full PA on the 4H
- Potential 3-touch expanding which leads to a area of value (previous volume was triggered.
Managing accordingly if we break out.
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