AUDCHF correction move on daily. Looks like it's ready to go up on the 1H timeframe. Usually, I would have done a market execution but this way seems safer?
(For future note, the coronavirus is having a heavy impact on the markets, so take this into consideration when looking back at this trade as it is definitely a factor).
Trade posted Friday night, 20th March 2020.
NOTE: This is not a signal! Posts are for journaling only.
(For future note, the coronavirus is having a heavy impact on the markets, so take this into consideration when looking back at this trade as it is definitely a factor).
Trade posted Friday night, 20th March 2020.
NOTE: This is not a signal! Posts are for journaling only.
Comment:
Daily
(Note that I drew the parallel channel just in case)
Trade active:
Comment:
SL moved to profit and TP moved to this level. Less volume so banks could be readying their positions for shorts
Trade closed: target reached:
RR: 1.15