AUDCHF long trade ideathe price has been confirmed to breakout the secondary trendline resistance (link attached below for previous analysis!) and potentially will go up, here's the plan :
Plan : wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
Audchfidea
AUDCHF LONG TRADE ROADMAPwe are waiting for 2nd bounce and price deceleration to the 0.6070 support level before going long while current price plays well inside the bullish trendline channel, the price might test secondary trendline resistance before going to final resistance target at 0.6342, as an option, you can use the secondary trendline resistance as short-term day trading target. good luck!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX