The808Trader

AUD/CHF Small Bullish Breakout Trade

Long
FX:AUDCHF   Australian Dollar / Swiss Franc
We've hit some strong resistance for this pair and I am looking for it to be broken for a chance to get into a bullish breakout.

I've drawn out my buy zone I'm watching in yellow, I would like to see either support form with a good candle, or a breakout of that zone to help confirm it is indeed time to buy.

I've drawn out a couple targets on the way to my overall price structure highs I'm aiming for.

If we fail to form good support at the bottom of the zone, or breakout of the top of the zone, then this setup may become invalidated.

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