AS seen in our of our last opportunities, AUDCHF was travelling in a triangle however we saw a breakout to the downside. more visible in this idea
Price came back up to retest the triangle and while doing so it formed an ascending trendline which was broken and on its way down another one was formed. Price is there now, we are expecting some sharp rejections from this area
Trade closed: target reached
TARGET 1 REACHED AND THEN CLOSED OUT AT ENTRY BEFORE WE COULD REACH OUR FINAL TARGET
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.