AUDCHF bullish reversal, bearish continuation
seen that the AUDCHF has broken the trend line, we are waiting for the secondary movement to continue down
Buy option high risk
SL: 0.70509 (40 pips)
TP : 0.71495 (trendline retest & 0.618)
RR 1: 1.5
Sell option: wait for the price on the trendline and do a retest
SL: 0.7191 (40 pips) (when the price does not retest the trend line or immediately breaks the trendline)
TP 1: 0.7089 (+1.5)
TP 2: 0.6995 (+3.8)
Buy option high risk
SL: 0.70509 (40 pips)
TP : 0.71495 (trendline retest & 0.618)
RR 1: 1.5
Sell option: wait for the price on the trendline and do a retest
SL: 0.7191 (40 pips) (when the price does not retest the trend line or immediately breaks the trendline)
TP 1: 0.7089 (+1.5)
TP 2: 0.6995 (+3.8)