AUDCHF is trending in a downward channel.
It retraced to the 0.618 fib level.
Looking for reversal patterns on lower time frames.
It retraced to the 0.618 fib level.
Looking for reversal patterns on lower time frames.
Trade active:
Equal highs on hourly, RSI showing divergence. I enter a sell trade.
Comment:
Bearish engulfing candle forming on the 4 hour chart. 2 hours to go. Possible second entry.
Looking for an approximate 1:7 RRR targeting 0.61600.
Looking for an approximate 1:7 RRR targeting 0.61600.
Trade closed manually:
Trade closed at break even until further signals.
This would change my bias to long.