AUD/CHF UPDATE
Upto so far my AUD/CHF forecast has been going according to plan and the market has been kind to us. A potential Upside down H&S is expected for this week,with the left shoulder and head already formed and now(dashed yellow line refence) in the midst of the right hand upside down shoulder formation.
I expect the market to make a weekly low at about 0.57523 mark of the 0.236 fibo level as the retracement level before the 3rd buy trade/position can be executed (Of course within proper risk management parameters) and our initial 0.58602 mark as our safest/maximum TP mark.
Trade safely and use proper risk management to avoid unforseen circumstances
I expect the market to make a weekly low at about 0.57523 mark of the 0.236 fibo level as the retracement level before the 3rd buy trade/position can be executed (Of course within proper risk management parameters) and our initial 0.58602 mark as our safest/maximum TP mark.
Trade safely and use proper risk management to avoid unforseen circumstances
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