SHORT AUDCHF (SWING)
Updated
1. BROKEN UPTREND ON THE 4H CHART, NOW LOOKING SELLING OPPORTUNITIES
2. SECONDED BY ADESCENDING TRIANGLE FROM THE PEAK OF THE TREND
3. THE DESCENDING TRIANGLE FORMATION HAS BEEN BROKEN TO THE DOWNSIDE, AND RETESTED THE 0.700 ZONE.
4. A SELL CLOSE TO THE 0.700, AND RIDE IT DOWN TO THE 0.650 ZONE IS THE POTENTIAL SETUP
#FEEL FREE TO SCALE IN AND OUT (THE MOVE IS PROBABLY IS GONNA TAKE A MONTH OR SO)
2. SECONDED BY ADESCENDING TRIANGLE FROM THE PEAK OF THE TREND
3. THE DESCENDING TRIANGLE FORMATION HAS BEEN BROKEN TO THE DOWNSIDE, AND RETESTED THE 0.700 ZONE.
4. A SELL CLOSE TO THE 0.700, AND RIDE IT DOWN TO THE 0.650 ZONE IS THE POTENTIAL SETUP
#FEEL FREE TO SCALE IN AND OUT (THE MOVE IS PROBABLY IS GONNA TAKE A MONTH OR SO)
Note
DIVERGENCE ON THE RSI IS ALSO OBSERVED
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