AUDCHF - 4H - Sharkentry at previous doubletop zone
Pretty simple setup here. Market currently rallies up to the zone where we previously had a doubletop. further we have a shark in place confirming this zone as a PRZ. Tho not ideal but we also have a potential overhead trendline stepping in and giving us a bit of potential resistance. Entry for me is the 1.618 inverted AB extention. stops somewhere at the 1.27 0B move.
targets are up to personal preference. im looking at 2 standard targets plus one runaway target.
targets are up to personal preference. im looking at 2 standard targets plus one runaway target.
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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.