AUD/CHF UPDATE
Upto so far my AUD/CHF forecast has been going according to plan and the market has been kind to us. A potential Upside down H&S is expected for this week,with the left shoulder and head already formed and now(dashed yellow line refence) in the midst of the right hand upside down shoulder formation.
I expect the market to make a weekly low at about 0.57523 mark of the 0.236 fibo level as the retracement level before the 3rd buy trade/position can be executed (Of course within proper risk management parameters) and our initial 0.58602 mark as our safest/maximum TP mark.
Trade safely and use proper risk management to avoid unforseen circumstances
I expect the market to make a weekly low at about 0.57523 mark of the 0.236 fibo level as the retracement level before the 3rd buy trade/position can be executed (Of course within proper risk management parameters) and our initial 0.58602 mark as our safest/maximum TP mark.
Trade safely and use proper risk management to avoid unforseen circumstances
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.