The808Trader

AUD/CHF Bullish Push? - Ichimoku Long Trade Setup

Long
FX:AUDCHF   Australian Dollar / Swiss Franc
This pair consolidated for a couple weeks before finally getting a big push up.

I am now looking to see if we can establish a longer term bullish trend as I look for chances to get long.

My ideal entry is a drawback to tenkan sen and price structure support for a chance to buy.

I've drawn out a couple of targets on the way to the major price structure target I've labeled on  the chart.

If we fail to hold support or if our bullish confirmations change, this setup may become invalidated.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.