AUD/CHF completed a bullish Elliott Wave count (5 waves) at the **January 7 high of 0.5698**. The pair is now moving into a complex and corrective phase lower, which is typical following such patterns.
Corrective Pattern: Corrective legs often occur in three or five-wave structures.
Key Levels: Intraday resistance is identified at 0.5663, while support is located between 0.5591 and 0.5581.
Setup: Selling at the market offers a favorable risk-reward ratio of 3.45R.
Entry: Sold AUD/CHF at 0.5660
Stop Loss (SL): 0.5680
Take Profit (TP1): 0.5591
Risk-Reward Ratio: 3.45
#tradeplan #AUDCHF #Forex #TechnicalAnalysis #ElliottWave #TradingStrategy
Corrective Pattern: Corrective legs often occur in three or five-wave structures.
Key Levels: Intraday resistance is identified at 0.5663, while support is located between 0.5591 and 0.5581.
Setup: Selling at the market offers a favorable risk-reward ratio of 3.45R.
Entry: Sold AUD/CHF at 0.5660
Stop Loss (SL): 0.5680
Take Profit (TP1): 0.5591
Risk-Reward Ratio: 3.45
#tradeplan #AUDCHF #Forex #TechnicalAnalysis #ElliottWave #TradingStrategy
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。