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microfx
Apr 19, 2021 8:51 AM

AUDCHF CORRECTION, BUY AUDCHF Long

Australian Dollar/Swiss FrancFXCM

Description

I'm bullish for AUDCHF and this is my plan

I will;
BUY AUDCHF somewhere at Green Box (try to buy lower as possible)
SL BELOW Red Line
Final TP at Blue Box

Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bullish structure still valid
6. etc

No Profit Guarantee, Good Luck!
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