[FOREX] [AUDCHF] SHOULD WE BUY?
As I normally said, when considering a signal, I will check which side is on the control and whether they take back it. In this case, I took a buy order based on W1 as the Buyers seem to back into the market because of the last W1. Tp at the top of this swing and SL below the lowest point of last W1 bar 10 pips
Note
You can move SL to entry as the price is approach a upper band of consolidation.
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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.