TradingView
taftrader
Nov 8, 2020 12:36 PM

Retreat then Go!! Long

Australian Dollar/Swiss FrancFXCM

Description

We had a very strong week on this pair. I expect the bullish momentum to continue all the way to 0.6600 and even 0.6700. However i would want price to first retreat to the daily tekan/kijun zone (yellow). Once we are there we can zoom in on the 4h and look for commencement of bullish momentum and enter the trade. The blue zone mark the expected target zones.
More