Alvard

AUD/CHF H4 | Falling to 50.0% pullback support

Long
Alvard Aggiornato   
OANDA:AUDCHF   Dollaro australiano / Franco svizzero
Account FP - #1080732

AUD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher.

Buy entry is at 0.59273 which is a pullback support that aligns with the 50.0% Fibonacci retracement level.

Stop loss is at 0.59118 which is a level that aligns with the 61.8% Fibonacci retracement level.

Take profit 1 is at 0.59427 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Risk/Reward Ratio: 1 : 0.99

Take profit 2 is at 0.59618 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level. Risk/Reward Ratio: 1 : 2.23

Total risk 1.08%

High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Commento:
Take Profit 1 reached. Stop Loss moved to Buy Entry at 0.59427. Lifetime Win Ratio for this account now at 58.97%.
Trade chiuso: obiettivo raggiunto:
Take Profit 2 reached. Lifetime Win Ratio for this account now at 60.00%.
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