Aud/chf

[supra]

Hi Raj,

I am watching a potential bearish crown set-up on the daily AUD/CHF. Attached are the daily & 240 charts. There is a fib ret. & ext. confluence around the 0.9380 level. Please share your thoughts.

Thank you.

[Raj]

Hi Supra, for some strange reason I don't have this pair in my meta platform. Anyhow, going by your charts...the steps for a crown are definately underway it looks like. Since you're looking for a daily crown, then stops are usually high....I would wait for a real decent CF either on 240 or daily...there is always a chance to jump in on the 30min once we get bigger TF CF.

:)

Well Spotted!!

[Raj]

Some support to watch out for next week. Only thing to watch with this one is the daily will close with a bearish candle

:)