Possible trade idea for AUD/CHF
Updated
So when we look at the chart we can see that the price has broken a trendline and that we are now retesting this trendline.
What I want to do here is to see and go short. We do have to wait for the opening and wait for the London session to see what the price is going to do. But for now this could be a very nice trade to take here.
We also have a support zone that we can see on the chart that was respected heavy in the past so if we do see that the price is going down I will be looking at this support zone to see what it will do.
What I want to do here is to see and go short. We do have to wait for the opening and wait for the London session to see what the price is going to do. But for now this could be a very nice trade to take here.
We also have a support zone that we can see on the chart that was respected heavy in the past so if we do see that the price is going down I will be looking at this support zone to see what it will do.
Note
Trade moving good. I closed 40% and moved my Sl to entry.
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.