AUDCHF Buy Setup

We worked on a new system which gives varity of Buy and Sell signals wiht confirmation 3Trend formation. Hope to have profitable setup at all.

Let's check it for a few trades.

Buy Stop: 0.7113
TP: 0.7304
SL: 0.7055

Trade active:

It is now in the (E) formation of the elliott. Still in trade.

Comment:

(E) completed. First resistance TP can be taken. However the trade is still active.