Wednesday, 30 January 2019

AUDchf Breaks Support

Hi Everyone.

The last time i posted here i said we were still Longing on AUDchf. And we still maintain this position. Now i want you to see what AUDusd is doing and juxtapose it with when we entered the trade. See the chart below


If you check the time we entered on 16/01/2019 and the trade was in the negative until yesterday 29/01/2019
so whenever we placed a trade it does not mean the price will go in that direction immediately so we are always patient . This is exactly what is happening with AUDchf.  Now it has broken the Support and we are expecting it to continue along the North up to 0.73620 . So we will reenter at 0.72441

Wishing You A Goodluck
Thanks

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