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Trader2502

ONE THING LEADS TO ANOTHER - AUDCHF LONG INTO SHORT

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Dollar Australia / Franc Swiss (FX:AUDCHF)  
Trader2502  
FX:AUDCHF   Dollar Australia / Franc Swiss
Trend Analysis Chart Patterns Technical Indicators
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2 SET UPS HERE ON AUDCHF

1. LONG AUDCHF - buy on break of downtrend line, daily chart is also showing Knoxville Divergence on my MT4 chart (I don't have the indicator on trading view)
The idea behind this trade is to jump on the existing AUD momentum.

Overall I am bearish on AUD and plan to sell at the 34EMA wave. This is where I will take profits on the first trade, and execute the short.

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