AUDCHF , IS GOING TO BREAKDOWN THE TRIANGLE BEFORE OCTOBER ?
but for some hours it is going to be short
BEFORE PLACING TRADE TRY TO ANALYSE IT . AND DON'T TRADE BLINDLY ANALYSE , PLAN , AND DO MADITATION
If price supports the structure then go for buy!
But if the structure is broken due to huge momentum then wait for the retracement of price to the demand area and sell when price starts falling on 4hr chart (Sl- 10/15 pips above demand area,Tp- First support area)
as we can see that audchf is came to the weekly and daily support level also we can see on m30 timeframe that market has broken trtendline ,
what i want from audchf is if audchf come to retracement on trendline than i will love for buy audchf, i think this will be great setup for live audchf signals for forex
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Hello Guys!
Guys I personally go for a short position on this trade a few minutes ago. Because right now AUDCHF was on very respective resistance and formed rising wedge pattern.
Note:-
Trade on your own risk.
If any suggestions regarding this then please let me know.
In the chart we can see that AUDCHF is forming an double bottom pattern clearly we can see a breakout from resistance. This will give an good long opportunity.
