Possible sell opportunity
Updated
AUDCHF is trending in a downward channel.
It retraced to the 0.618 fib level.
Looking for reversal patterns on lower time frames.
It retraced to the 0.618 fib level.
Looking for reversal patterns on lower time frames.
Comment
Pay close attention to any breakout out of the channel. This would change my bias to long.
Trade active
Equal highs on hourly, RSI showing divergence. I enter a sell trade.Comment
Bearish engulfing candle forming on the 4 hour chart. 2 hours to go. Possible second entry.Looking for an approximate 1:7 RRR targeting 0.61600.
Trade closed manually
Trade closed at break even until further signals.Disclaimer
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