Evaristos

Potential Bearish Triangle

Short
OANDA:AUDCHF   Australian Dollar / Swiss Franc
It looks like the market is forming a bearish triangle, and currently completed `leg e` of the potential triangle. If all goes well, we should expect a downward move for the next few days. If one is to trade this pattern from the current price, our invalidation zone should be above the previous top of wave c. The target should be below around the 0.55110 price.

As well, mind your risk management and obey your trading plans. This isn`t an investment advice but an educative one.

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