AUDCHF Mean Reversion

[Abbars713]

Bearish rejection candle formed at a weekly resistance. Looking to short. Too far away from main value.

 

[erebus]

How did you get the last candle red; which broker?
Both IC Markets and Axitrader have up closed.
Looks good idea, a little bit higher would have been awesome resistance for reversal
Happy New Year

 

[Abbars713]

How did you get the last candle red; which broker?
Both IC Markets and Axitrader have up closed.
Looks good idea, a little bit higher would have been awesome resistance for reversal
Happy New Year

View attachment 4109

I use IG markets

 

[erebus]

Ah, OK, trade look good now with profit taking on the recent AUD strength plus end of year I guess