FX:AUDCHF As you can see that, AUDCHF Has created a Channel Pattern in 4Hr Time Frame and buy when it touches the drawn support level with a good rejection candle or creates hammer candle, If it breaks the support level then we can plan for sell side. This set-up is for monday (04-09-2023), Plan your trade accordingly....
AUDCHF Possible Bullish Movement Till 0.69900 This is Short Term Trade Not For Long Term Use Proper Money Management Before Enter in this Trade SL: 0.68186 TP: 0.69900 What is your view on this?
AUDCHF has been on a bullish run lately and expecting more of it on Friday. The ideal scenario would be a swipe of liquidity below the recent lows and tap into an order block. Confirmation of shift in structure on a lower time frame would trigger the entry for a minimum 3R. Lets see how this pans out.
1. "Head & Shoulder Breakout" 2. "Long Trend Line Breakout" 3. "Box Breakout" Breakout Level = .69554 Daily + Weekly Close Above This Level Highly Bullish Move Best Place To Buy After Breakout .66971-.67459 SL - .63715 (Weekly Closing Basis) Target - .72789-73739/.77221