AUDCHF:Potential Bearish Bat Pattern and 0.618 Retracement
The potential bearish bat pattern will complete at 0.756 level and the 1.618EXT of the AB is at the same level.
Meanwhile the 0.618 retracement of the previous decline locates at 0.756.
In addtion,the previous strcuture also works at this zone.
So it is good to sell at 0.756 level.
SL:above 0.758
TP1:0.750
TP2:0.744
Meanwhile the 0.618 retracement of the previous decline locates at 0.756.
In addtion,the previous strcuture also works at this zone.
So it is good to sell at 0.756 level.
SL:above 0.758
TP1:0.750
TP2:0.744
Order cancelled
Note
The chance is not given.
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.
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.