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.