AUDCHF H4 LONG PRICE ACTION FORECAST -UPDATE-

63
With price bouncing apart from a rising trendline from D1, it has found consolidation form the Fib level 5.0. Overall looking for the pair remains bullish.

In H4, now, price action pulled back towards the trendline support, re-testing the support line at 0.6457 handle, expecting the price to re-test the same level before its bullish continuation allows a long entry.

The order:
Type: buy-limit
S/L: 60 pips - R:R | 1:4 -
T/P: aiming at the resistance level from D1

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.