globalfxkingz

AUDCHF AT THE BOTTOM OF ITS TRIANGLE

FX:AUDCHF   Australian Dollar / Swiss Franc
AUDCHF has been travelling in a triangle, and we have just experienced a rally downwards all the way to the bottom of the triangle, Price right now is at a major level as it is also near a major area of support marked out with a pink rectangle . Price right now could either break below the support area and out of the triangle to the downside or it could bounce from this area of support and continue travelling in a the triangle upwards.

For price to continue travelling in the triangle we will need to see some sort of bullish candle, Till then we are waiting.l..

LEAVE YOUR THOUGHTS BELOW....
May 22
Comment: Price has broken out of the triangle and to the downside of the support area, we are expecting price to move down to the next pink highlighted support zone.
May 24
Trade closed: target reached: TARGET REACHHED
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out