AUDCHF - longer term short

Par rludvik
Mis à jour
Don't mind the 4h chart, it just gives more details. There's a daily chart below, if you prefer it.

Trend based Fib is giving us 0.6200 as level that has to get broken for moving south. I expect some bounce from around here and start loading on shorts in the narrow red area already. Here I'm willing to open just small positions, since stop loss has to be put quite far away. If it will manage to come to the upper red area, I'll be opening bigger positions, since RR will be way better there.
If 0.6200 will get broken for real, I'll reconsider my entries even lower, but let's give it some time.
I'll be shameless here with TPs (marked in green), just have to restrict myself from watching the chart too often :)

Daily chart:
snapshot

Composite index 1 year:
snapshot

Composite index YTD:
snapshot

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Transaction en cours
Small short triggered.
Trade fermée: ordre d’arrêt atteint
Bad one, stop reached.
Transaction en cours
Small short triggered.
Commentaire
Added more.
Commentaire
Added more.
Trade fermée: ordre d’arrêt atteint
All stops reached :(
AUDCHFFibonacciSupport and Resistance

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