AUDCHF Daily Short
The AUDCHF Weekly/Monthly TF both have been short; zooming down to the daily, there is a setup to play the downside with great confluences on both entry/exit.
Daily TF: Point C would be the ideal entry, as it lines up with strong support/resistance, 61.8 and TL.
Daily TF: Point D would be exit, 1.27 of Daily A/B extension. I believe this pair will start of 2015 by making fresh lows.
Daily TF: Point C would be the ideal entry, as it lines up with strong support/resistance, 61.8 and TL.
Daily TF: Point D would be exit, 1.27 of Daily A/B extension. I believe this pair will start of 2015 by making fresh lows.
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