Trade Setup: AUD/CHF – 6 Oct 2016

Trade Setup: AUD/CHF – 6 Oct 2016

Candle Stick Pattern: Evening Star at (1).
Confirmation:

Touched outer band of Bollinger Band at (1).
Stochastic overbought range at (3).
Volume increases at the last 2 bars (5).

Signal: SELL
Entry Point: 0.7429
SL: 0.7503 (Last resistance (2))
TP: 0.7293 (Nearest support level (4))
 

#AUDCHF, #BollingerBand, #CandleStickPattern, #EveningStar, #Stochastic, #SupportResistance, #Volume
#ForexAdvices, #ForexTradeSetups

Advertisements