AUDCHF possible brakeout
Updated
Looking for convincing break of this strong resistance. Price raided stops that have accumulated at the bottom of the range and shoot up.
Its been building up steadily to try another brake out at the strong resistance. Higher time frames suggest rather bullish bias.
Daily close above 0.66874 would be significant and would likely see price hit my target around 0.67488 area. As always watching developing price action and acting accordingly.
If I dont see what I want to see then I dont trade! No ifs and buts!
Its been building up steadily to try another brake out at the strong resistance. Higher time frames suggest rather bullish bias.
Daily close above 0.66874 would be significant and would likely see price hit my target around 0.67488 area. As always watching developing price action and acting accordingly.
If I dont see what I want to see then I dont trade! No ifs and buts!
Trade active
Fake brakeout first. price failed to close above mentioned level. Its looking more promising atm. D1 close above mentioned level is significant for me and would likely see target reached.
Trade closed: target reached
Trade closed. Profit target hit.
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