AudChf looks like a great short
The longer term shows a clear downward trend. Price was unable to Breakout 0.87ish area & broke down 200dma (best benchmark). Yesterday a kangaroo tail formed near 200dma resistance. This is a great Low Risk Entry Point for a short swing position. Risk-Rewaed Ratio is the best it can be. If 200dma is violated and price cleses above I would consider a Long Position
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.