Technician
Long

AUDCHF: Long at Confluence

FX:AUDCHF   Australian Dollar/Swiss Franc
1383 6 17
*Update: Stopped out
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The price is testing multiple support levels around 0.8100 area
- A previous horizontal support area
-The 61.8 retracement level for the bullish trend
-1.271 extension for the latest bullish wave
-Possible descending support

Looking for a reactive bounce of this support , lets hope this one goes well...

Best of luck. Join me at https://twitter.com/thefxchannel
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My best regards,
Technician



==================================================================
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
Notes:
5) If 90 percent of first target is reached I move stop loss to break-even.
6) If 90 percent of first target is reached without triggering entry I cancel the trade.
7) Remember: Losing is a main part of the game
If you dont want to miss any trade and see all the trades live, fully transparent. No bullshit like some others. Join my FREE channel here https://telegram.me/technician_forex_trades

Related Ideas

Barabaszek
2 years ago
I'm in .GL.
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Technician TOP Barabaszek
2 years ago
thx, to you too
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Barabaszek Barabaszek
2 years ago
SL closed positions.
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Ansari
2 years ago
hi, many thank ,
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Technician TOP Ansari
2 years ago
Welcome Aboozar
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thanks technician
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