AUDCHF breaking downtrend on LTF, done with its 2nd wave and retesting broken resistance into new support.
2.47 RRR trade, looking for the pair to reach 0.64 area with the 3rd wave.
Buy limit set, only taking the trade if the prices reaches the buy zone.
Good luck and let me know what you think!
2.47 RRR trade, looking for the pair to reach 0.64 area with the 3rd wave.
Buy limit set, only taking the trade if the prices reaches the buy zone.
Good luck and let me know what you think!
Note
SL too tight for the trade, extra 10pips in SL would have saved it, TP1 has hit after closing in loss.Loss taken, move to the next opportunity.
Stick to the plan.
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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.