TDMarkets

Sell AUD/CHF

Sell AUD/CHF

On June 20, 2017, Posted by , In Uncategorized, By , , With No Comments

Sell AUD/CHF at price 0.73965 with a wide stop loss on this one as we are expecting a bullish reaction towards the trendline (support) stop loss at 0.75188 and TP at 0.71843. But a candle on H4 to close as it is would signify bearishness and thus part of the reason why we are selling. Another reason would be the trendline drawn from a D1 chart which shall act as resistance. Market also overbought. It is important to stick to money management rules. posted 13:55. (20 June 2017) Yonela

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