AUDCHF Possible weakness is ahead.
I am bearish on AUDCHF so I have an active sell @ 0.7690 which the stop loss is now at the breakeven point.
As you can see we have series of lower highs on RSI and the price has reached to possible resistance areas.
if we see a rejection on both RSI and price chart I am going to add sell on this pair.
As you can see we have series of lower highs on RSI and the price has reached to possible resistance areas.
if we see a rejection on both RSI and price chart I am going to add sell on this pair.
Trade closed: stop reached
as we did not see any clear rejection I did not add any sell. The position was closed at the breakeven stop-loss.
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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.