AUDCHF - 4H - Three Drive Pattern Short @ Trendline & Resistance
Setup is pretty straight forward with great risk reward of 8-10:1 potentially depending on where we get in and were we open in a few hours.
We are pretty solid at the 61.8 retracement and bang at the trendline. The doji pinbar shows resistance in this area so with that risk reward its pretty much a nobrainer for me.
We are pretty solid at the 61.8 retracement and bang at the trendline. The doji pinbar shows resistance in this area so with that risk reward its pretty much a nobrainer for me.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.