AUD/CHF - ONE LAST PUSH TO THE UPSIDE ??? 1:2 or 1:3 risk:reward
Hi Guys,
Just managed to have a look at AUD/CHF on my weekly time frame, and its indicating to me that we have one more final push to the upside to 0.58000 before potentially retracing or breaking through. Il share a few of my confulences
1: Price has found support on the 4H ema
2: Price has found support at 0.57682
3: Price has also found support on my 0.786 fib at the price 0.57682
4: And the MOST IMPORTANT of them all is that we are in a uptrend !
There are more confluences on my higher time frame analysis but i can only upload 1 time frame on tradingview
Trade Safe ! :)
Just managed to have a look at AUD/CHF on my weekly time frame, and its indicating to me that we have one more final push to the upside to 0.58000 before potentially retracing or breaking through. Il share a few of my confulences
1: Price has found support on the 4H ema
2: Price has found support at 0.57682
3: Price has also found support on my 0.786 fib at the price 0.57682
4: And the MOST IMPORTANT of them all is that we are in a uptrend !
There are more confluences on my higher time frame analysis but i can only upload 1 time frame on tradingview
Trade Safe ! :)
Trade active
taken 70% profits, moved stops to break evenTrade closed: target reached
Brilliant trade
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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.