Until AUDCHF break UP or DOWN we take less risk SHORTING in the SELL AREA than buying, because i prefer SELL ON A MONTHLY LEVEL than BUY! haha! Pretty simple isnt it? Well we can easily go get a 300 PIPS witht this trade and IF IT BO UNDER KEEP it until the BUY AREA (around 0.70). Its around 800 PIPS profit!
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If you SELL in the SELL AREA and you see that the market BO ABOVE, just close your trade (should be in profit cuz will probably BO above under your entry! and then wait for the retracement and BUY for a very long term trade like around 500 PIPS buy and you would be able to take profit =) in huge profit!
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Simple analysis, like i said I will still short cuz we can EASILY do 300 PIPS until the STRUGGLE AREA (REVERSING POINT) so yeah!
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I will make sure to answer every COMMENTS/QUESTIONS below!
If you like this analysis, make sure to hit the LIKE and FOLLOW button =) Thanks alot guys!
Remember to use a good risk managment!
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If you SELL in the SELL AREA and you see that the market BO ABOVE, just close your trade (should be in profit cuz will probably BO above under your entry! and then wait for the retracement and BUY for a very long term trade like around 500 PIPS buy and you would be able to take profit =) in huge profit!
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Simple analysis, like i said I will still short cuz we can EASILY do 300 PIPS until the STRUGGLE AREA (REVERSING POINT) so yeah!
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I will make sure to answer every COMMENTS/QUESTIONS below!
If you like this analysis, make sure to hit the LIKE and FOLLOW button =) Thanks alot guys!
Remember to use a good risk managment!
