AUDCHF Short: Trade Closed ✅ | +240 Pips | 8R
This trade was built on a strong confluence of factors:
📉 Trend Analysis – Downtrend confirmed a sell bias
📊 Overbought Conditions – A prime reversal setup
🔻 Sell Story – Price action aligned with short positions
📈 COT Data
CHF: Bullish positioning from institutional traders
AUD: Bearish positioning, reinforcing downside momentum
🛑 Sentiment – Bearish AUD, Bullish CHF
🔍 Technical Factors:
No VIX Fix – No volatility spike signaling reversal
.382 Daily Level – Key Fibonacci resistance zone
Mean Reversion – Price returned to equilibrium
Executed, managed, and secured the move for a +240 pip gain at an 8R reward. Another lesson in patience and execution. 🎯
📊 On to the next setup! #Forex #AUDCHF #PriceAction #COT #FXTrading
This trade was built on a strong confluence of factors:
📉 Trend Analysis – Downtrend confirmed a sell bias
📊 Overbought Conditions – A prime reversal setup
🔻 Sell Story – Price action aligned with short positions
📈 COT Data
CHF: Bullish positioning from institutional traders
AUD: Bearish positioning, reinforcing downside momentum
🛑 Sentiment – Bearish AUD, Bullish CHF
🔍 Technical Factors:
No VIX Fix – No volatility spike signaling reversal
.382 Daily Level – Key Fibonacci resistance zone
Mean Reversion – Price returned to equilibrium
Executed, managed, and secured the move for a +240 pip gain at an 8R reward. Another lesson in patience and execution. 🎯
📊 On to the next setup! #Forex #AUDCHF #PriceAction #COT #FXTrading
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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.
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.