IgorParshin

AUDCHF long at market price (ask 0.6976)

Long
IgorParshin Updated   
FX:AUDCHF   Australian Dollar / Swiss Franc
AUDCHF long at market price (ask 0.6976)
Take profit: 0.7200
Protective stop: 0.6890
Risk Ratio (RR): 1: 2.5 (approx.)
Estimated duration: 10 days

Relevant as long as AUDCHF is below 0.6995

Note: The potential drawdown is a re-test of 0.6905. AUDCHF will increase our exposure to CHF.

Another update will be issued.
Trade active:
We are shifting AUDCHF protective stop to 0.6983. We will be relatively close to the market but the stop must be shifted as it is a daily entry.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.