AUDCHF D1 Ed channel break

FX:AUDCHF   Australian Dollar / Swiss Franc
Price has closed below a big channel
I am looking for tp to be 8135
SL to go above few days high
get a look at this chart
thank u sir for reference to this chart. So what does it mean on more specific terms? Where do we trigger the trade? And roughly how long do we take to let this trade run, as this is on w1 timeframe? What will be the SL, and where can we look to take profit?
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