AzrulAzir

Gravestone at the end of week

FX:AUDCHF   호주 달러 / 스위스 프랑
As we can see at the end of week, this pair close with gravestone doji. This is a good signal for bearish
But we need confirmation at breakout trendline, if it success break down, short will be a good idea to aim fibonacci retracement 50, with target at 0.7619
Stoploss above 0.7767 or use your money management rules.
With this setup, we aim for R/r above 1:3 with target +100 pips at 0.7619

Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

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