AUDCHF, we can see the pair is starting to reach a few nice confluences of price meeting a 3rd touch trend line, 50% fib retracement and a nice level of support from this level.
A very conservative 18 pip stop loss with a 80 pip take profit making this trade a 4.44 RR should we meet our final target.
1% risk on this trade. happy trading.
A very conservative 18 pip stop loss with a 80 pip take profit making this trade a 4.44 RR should we meet our final target.
1% risk on this trade. happy trading.