AUDCHF Short Opportunity - 20/1/2021
Hello,
as you can see we are in an uptrend. Price started to consolidate near to its resistance level and formed Head & Shoulders pattern. I expect price to break its trendline and move to the downside. I would enter position after bearish candlestick closure below support level (aggressive) or after break + retest (conservative).
From fundamental perspective, investors are more into CHF as a safe-heaven during these hard times.
Thank you and have a nice day !
as you can see we are in an uptrend. Price started to consolidate near to its resistance level and formed Head & Shoulders pattern. I expect price to break its trendline and move to the downside. I would enter position after bearish candlestick closure below support level (aggressive) or after break + retest (conservative).
From fundamental perspective, investors are more into CHF as a safe-heaven during these hard times.
Thank you and have a nice day !
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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.