microfx

TRADE IDEA, BUY AUDCHF AT 61.8 FIBONACI

Long
FX:AUDCHF   Australian Dollar / Swiss Franc
SWING TRADING JOURNAL

I'm bullish for AUDCHF and this is my plan

I will;
BUY AUDCHF somewhere around 61.8 FIB (try to buy lower as possible)
SL below RED LINE
Final TP at Blue Box

Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bullish structure still valid
6. etc

No Profit Guarantee, Good Luck!
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