So I've been quite dovish about publishing ideas as I am new/green to publishing and still growing in the trading arena.
I've been watching FOREXCOM:AUDCHF since June and thanks to the education I have been receiving lately, my analysis of this pair has been quite spot on, so I'm so happy I have found such good teachers and...
Beware of the level that the the Aud Chf has made it to today this level has seen 2 major drops from break of this price.
My trade decision is short based on it being a test of recent resistance and there is lots of indecision on smaller time frames.
I expect a retracement on this pair to around 107.300, could go as low as 106.000. Just going to be patient and wait until this setup happens. I want a close below 109.800 for a short entry, but along with confluence for a trade to drop.