Trade Setup: AUD/CHF – 6 Oct 2016

Candle Stick Pattern: Evening Star at (1). Confirmation: Touched outer band of Bollinger Band at (1). Stochastic overbought range at (3). Volume increases at the last 2 bars (5). Signal: SELL Entry Point: 0.7429 SL: 0.7503 (Last resistance (2)) TP: 0.7293 (Nearest support level (4)) [UPDATE 1 – 14 Oct, 2016] Trade closed on SL.