FX:AUDCHF   Australian Dollar / Swiss Franc
80 3
Very solid entry to long AUDCHF for a LONG PERIOD OF TIME.

You would get paid for holding such pair, and this is a perfect entry on daily and weekly time frames

The entry is not confirmed on smaller time frames yet, so you should trade with care and with small position size / low leverage.

Alternatively, you could enter with small position size right now (at a cheap price) and add to the long positions once the momentum and price starts gaining bullish grounds.
Trade active: Entry identified on the 15min and 1hour chart. Price - RSI divergence just at the significant level.

TP at top of range 0.7700
SL below the significant zone at 0.7240

Comment: We are seeing strong bullish breakout. Its another signal to add to the long trade, but I personally do not like to add to the trade after its entry. It does not work for me.

Buckle up, it is heading to the mooooooon xD.

It breaks trend line
@ALRAZEEN, Hi, yeah it does. But the trend line is generated on weekly chart and the price can end up going up before the weekly candles closes today. The green significant level zone is not broken yet, which is another support for the current trade idea. so I would hold the buy position until Friday evening probably.

ALRAZEEN Wahid_Elgohary
@Wahid_Elgohary, yes thnx
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