AUDCHF-1HR-TF- BEARISH RECTANGLE

Bearish rectangles are continuation patterns that occur when a price pauses temporarily during an downtrend.No sign of divergence so, we can easily rely on bull flag continuation pattren. Dow theory and reversal pattren will not play their role.

SELL STOP VALUES:

EP: 0.60910
SL: 0.61202

TP1 = 0.60561

Sizing: 0.29 Lots
Chart PatternsHarmonic PatternsTrend Analysis

Disclaimer