AUDCHF Long
Long opportunity on AUDCHF
Reasons for entry
- Price finding resistance on trendline
- Bullish candle
- Mini-uptrend (as the dominant trend is still down, move stop to breakeven quickly)
- Good R:R ratio
Exit Strategy
- Stop 0.7175
- Profit 0.7255
- 3:1 Reward: Risk
Let me know what you think.
Reasons for entry
- Price finding resistance on trendline
- Bullish candle
- Mini-uptrend (as the dominant trend is still down, move stop to breakeven quickly)
- Good R:R ratio
Exit Strategy
- Stop 0.7175
- Profit 0.7255
- 3:1 Reward: Risk
Let me know what you think.
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.