Australian Dollar / Swiss Franc
Long
Updated

Trade idea - AUDCHF Long

140
4H

Corrective approach towards entry zone.

-27 Fibonacci completion aligning with entry zone.

= Instant market execution Buy.

1% risk.

Aiming to take full profit at Daily TP.
Note
MONTHLY

Double bottom pattern potentially in play.

Clear support zone is there.

snapshot
Note
WEEKLY

Clear support & resistance zone is there.
Market can potentially find support now.

snapshot
Note
DAILY

Bullish impulse / High: indication.

Pattern within pattern: confirmation.
Bullish M, Inverse Head & Shoulders.

Clear support & resistance zone is there.

Ascending trend line holding up the price.

snapshot
Trade active
Active.
Trade closed: stop reached
Made an error with this trade. Executed this position while not running risk free on GBPCHF long yet. Was exposed with 2% on CHF - related pairs.

-1%.

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