Possible Range Trade
AUDCHF4 hour chartI am considering a possible short opportunity for the AUD/CHF as it bounced from previous resistance of 0.6655.
I am looking at an entry around 0.6640 with a take profit of 0.6540 and a stop at 0.6675
Trade closed manually
after entering at about 10-15 pips better than I originally expected on Monday,the trade consolidated at the resistance line much longer than I had hoped for.
I decided to stay in the trade and closed with a +65 pip profit about 20 minutes before the close of the market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.