Shorting AUDCHF
Updated
Price action on the monthly time frame suggests that AUDCHF may be in for a fall. Price is retesting and old support now turned resistance.
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Daily time frame posted a bear candle. This is my signal to place short orders on the 1H time frame.
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Entry orders are placed in the green circle. Stop losses will be placed in the red circle.
Trade active
Price reached my entry.If stop loss is hit, I lose 1/4% of my account.
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Bear candle posted on daily time frame. Comment
Rough look at entries and stop losses.Disclaimer
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