Took this short trade on Friday. Very noticeable entry based off of Bearish RSI TL followed by a 61.8 Retrace with an additional 'M' Shape as confirmation. Looking for a R:R of 1:2 essentially doubling my reward for the amount risked.
Decided to take the money and run. My assumption was based off of a very close call with my original Take Profit (TP) target that almost hit, as well as a touch of the rising bullish trendline (yet to be proven but I like profits and banking money so staying on the safe side). Will follow up to see how this plays out, but all flat AUDCHF for now.