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Australian Dollar / Swiss Franc
Long

Long AUDCHF

By BACapitalManagement
Updated
Last week AUDCHF posted a green Heiken Ashi candle on the weekly time frame. This suggests to me that we may have another green candle posted this week. It's also the case that there was a green Heiken Ashi candle posted on the daily time frame on Friday after a series of red candles. This suggests to me that we may have a multi-day bull run.
Note
A view from the weekly Heiken Ashi time frame.

snapshot
Note
A view from the daily time frame using traditional candlesticks.

snapshot
Trade active
I entered this trade via market order this evening. I placed my stop below the local low on the daily time frame.

Let's see where it goes this week.
Trade closed manually
This is a pretty big green daily candle. I decided to close this trade out for profit.

I'm done for the week.

snapshot
audAUDCHFCandlestick AnalysischfheikenashiLONG
BACapitalManagement

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