Technician
Long

AUDCHF: Long at Confluence

FX:AUDCHF   Australian Dollar/Swiss Franc
1388 6 18
*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...

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My best regards,
Technician



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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
My trading ideas channel https://telegram.me/technician_forex_trades

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Skype: Technician - The forex channel
I'm in .GL.
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Technician TOP Barabaszek
thx, to you too
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Barabaszek Barabaszek
SL closed positions.
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hi, many thank ,
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Welcome Aboozar
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thanks technician
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