AUDCHF Trading Idea Bullish White Swan And Long Opportunity

CHART TIMEFRAME: D1

PATTERN: BULLISH WHITE SWAN

PREDICTED PRICE ACTION: Bullish White Swan Harmonic Pattern would be completed at D 0.72100. Possible retracement towards Fibonacci 38.20 and 61.80.

TRADE: LONG

AREA OF ENTRY: 0.72100 – 0.71950

STOP LOSS: 0.71700

TAKE PROFIT 1: 0.72600

TAKE PROFIT 2: 0.73200

EXTENDED TARGET: 0.73800

NOTE: Wait for the price meets the area of entry. Since the pattern on the Daily Chart wait for the daily closing. This is a midterm setup.

Close 50% of the positions at TP1 and move SL to entry level.

Keep your risk limited 1% of your account size.