TradingView
killrsquirel
12 apr 2016 01:49

AUDCHF trend continuation Cypher Kort

Australian Dollar/Swiss FrancFXCM

Beskrivning

Another trend continuation Cypher idea. If price retraces to the drawn descending trend line then we'll have an awesome confluence factor to get short on. Being a trend continuation pattern I'm allowed to go for extended targets, but in looking left what that target should be is not very clear, So i'm taking the conservative option of the first level after the 0.618 retracement of CD.
Mer