Triangle breakout was just happened last night. 0.7090 is a nice entry for the pull back and continue to short.
Aim 90pips as tp (0.7000) and 30 pips for sl (0.7120).
AUDCHF daily trend analysis (Middle to long term trade with positive swap opportunity):
Buy limit: 0.6895
TP1: 0.7150 (255 pips)
TP2: 0.7250 (355 pips)
TP3: 0.7550 (655 pips)
total potential pips -> 1265 pips
SL: 0.6725 (170 pips)
Reward-to-risk ratio = 3.85 : 1
Descriptions:
1. Broken weekly downtrend support line and retested, look downward for a further bearish...