AUDCHF Channel breakout setup
Updated
This pair has lost its momentum and started to move sideways.
Considering that we are at a key support level and 50 moving average at 4 hour chart is violated and retested this bullish move can lead to a channel breakout.
Either way we will not engage until the channel is violated.
Good luck.
Considering that we are at a key support level and 50 moving average at 4 hour chart is violated and retested this bullish move can lead to a channel breakout.
Either way we will not engage until the channel is violated.
Good luck.
Trade closed: target reached
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