We have another go at Audchf after it reached first target but unable to reach second target.
This time its the 2hr tf. Price broke BOS came back to sweep liquidity. Now we look to take longs around 61.8 area, it already went through 50% area. For confirmation look for Bullish BOS on the 1 min or 5 min tf. We enter at lower timeframe BOS. The sl will be below our low tf low. Initial tp should be at htf BOS
This time its the 2hr tf. Price broke BOS came back to sweep liquidity. Now we look to take longs around 61.8 area, it already went through 50% area. For confirmation look for Bullish BOS on the 1 min or 5 min tf. We enter at lower timeframe BOS. The sl will be below our low tf low. Initial tp should be at htf BOS
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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.