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UnknownUnicorn6441570
Nov 2, 2020 10:34 AM

AUDCHF - nice setup for today  Short

Australian Dollar/Swiss FrancFXCM

Description

AUDCHF, we can see the pair is starting to reach a few nice confluences of price meeting a 3rd touch trend line, 50% fib retracement and a nice level of support from this level.

A very conservative 18 pip stop loss with a 80 pip take profit making this trade a 4.44 RR should we meet our final target.

1% risk on this trade. happy trading.
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