Hi traders,
On the AUDCHF I'm looking to sell the breakout of this upper trendline. The target would be the next trendline, which also happens to be the 50% Fibonacci retracement and previous support and resistance.
Cheers
On the AUDCHF I'm looking to sell the breakout of this upper trendline. The target would be the next trendline, which also happens to be the 50% Fibonacci retracement and previous support and resistance.
Cheers
Trade active
Closed below the trendline.Note
Expected price movementNote
As expected we are a bit stuck at the 38.2% retracement for now.Note
Note
Retest of the trendlineNote
30 min chartTrade closed: stop reached
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Related publications
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.