Disclaimer
This is for educational development only. Do not trade with real capital without consulting your financial advisor. Forex trading is a highly risky business, if you can't afford to lose, don't trade.
Currency Paris.
AUD CHF.
Time frame H4
trend
Short term boom
AUD/CHF is showing strong bullish momentum in my view.
And if we look at the technical chart for the H4 time frame, we find a strong bullish candlestick closing with high volume.
Daily and weekly time frames are also in a bullish trend.
All the buyers in the market have control over the market and the sellers are weak.
Risk reward ratio.
If we trade with a standar lot.
Our stop loss is -160.71 USD.
Our take profit +270.71 USD
Our entry point is 0.69525.
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