This trade is similar to the AUDSGD one I posed. This is a potential short opportunity, price on the daily has broken the weekly daily/weekly trend-line and has now made a pullback into resistance/emas and trendline- a lot of confluence here. It looks like a rejection candle is in the making but we will see how it closes.
There are a few of these AUD crosses setting up for shorts, but CHF at the moment is the strongest out of USD/SGD/CHF, so I'll favour this pair if i get a trigger.
There are a few of these AUD crosses setting up for shorts, but CHF at the moment is the strongest out of USD/SGD/CHF, so I'll favour this pair if i get a trigger.
Trade closed: target reached