Trade idea - AUDCHF Long
Updated
4H
Corrective approach towards entry zone.
-27 Fibonacci completion aligning with entry zone.
= Instant market execution Buy.
1% risk.
Aiming to take full profit at Daily TP.
Corrective approach towards entry zone.
-27 Fibonacci completion aligning with entry zone.
= Instant market execution Buy.
1% risk.
Aiming to take full profit at Daily TP.
Note
MONTHLY
Double bottom pattern potentially in play.
Clear support zone is there.
Note
WEEKLY
Clear support & resistance zone is there.
Market can potentially find support now.
Note
DAILY
Bullish impulse / High: indication.
Pattern within pattern: confirmation.
Bullish M, Inverse Head & Shoulders.
Clear support & resistance zone is there.
Ascending trend line holding up the price.
Trade active
Active.Trade closed: stop reached
Made an error with this trade. Executed this position while not running risk free on GBPCHF long yet. Was exposed with 2% on CHF - related pairs.
-1%.
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