Australian Dollar / Swiss Franc
Long
Updated

AUDCHF Trend Continuation Long (Buy) Trade Setup Idea

94
AUDCHF has come back to an area of interest and is reacting from this demand zone nicely. We're looking for buys here with targets to the upside. This could break the supply at the top and continue it's trend to the upside but even without breaking the supply, it's still a 1:6 setup.
Note
I've banked my profits from this position. I was unable to enter a full position size as it didn't pull in to the sell zone deep enough for me. I've closed my position here and may re-enter on a pullback if I find an entry.
Note
Banked some profits at 0.685.
Trade closed: target reached
Target hit :)

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.