AUDCHF long at market price (ask 0.6976)
Updated
AUDCHF long at market price (ask 0.6976)
Take profit: 0.7200
Protective stop: 0.6890
Risk Ratio (RR): 1: 2.5 (approx.)
Estimated duration: 10 days
Relevant as long as AUDCHF is below 0.6995
Note: The potential drawdown is a re-test of 0.6905. AUDCHF will increase our exposure to CHF.
Another update will be issued.
Take profit: 0.7200
Protective stop: 0.6890
Risk Ratio (RR): 1: 2.5 (approx.)
Estimated duration: 10 days
Relevant as long as AUDCHF is below 0.6995
Note: The potential drawdown is a re-test of 0.6905. AUDCHF will increase our exposure to CHF.
Another update will be issued.
Trade active
We are shifting AUDCHF protective stop to 0.6983. We will be relatively close to the market but the stop must be shifted as it is a daily entry.
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