AUDCHF correction move on daily. Looks like it's ready to go up on the 1H timeframe. Usually, I would have done a market execution but this way seems safer?
(For future note, the coronavirus is having a heavy impact on the markets, so take this into consideration when looking back at this trade as it is definitely a factor).
Trade posted Friday night, 20th March 2020.
NOTE: This is not a signal! Posts are for journaling only.
(For future note, the coronavirus is having a heavy impact on the markets, so take this into consideration when looking back at this trade as it is definitely a factor).
Trade posted Friday night, 20th March 2020.
NOTE: This is not a signal! Posts are for journaling only.
Note
Daily(Note that I drew the parallel channel just in case)
Trade active
Note
SL moved to profit and TP moved to this level. Less volume so banks could be readying their positions for shortsTrade closed: target reached
RR: 1.15
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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.