AUDCHF Buy bias
G'day Traders,
Inverse Head and Shoulder pattern, double bottom on the 1hr timeframe which gives reason for retail traders to step in.
Being patient is the name of the game, as retailer trader are rushing in to buy of the double bottom lets be patient to allow price to decide the next move.
50% fib level would be a good area to look for nice bullish candle push to the upside even on 1hr time frame.
Price is king, patient is the game of we play!
Remember to use risk management and protect your trade by using stop loss to reduce your potential loss.
Trade smart to live another day.
Good luck traders.
Lenin
Inverse Head and Shoulder pattern, double bottom on the 1hr timeframe which gives reason for retail traders to step in.
Being patient is the name of the game, as retailer trader are rushing in to buy of the double bottom lets be patient to allow price to decide the next move.
50% fib level would be a good area to look for nice bullish candle push to the upside even on 1hr time frame.
Price is king, patient is the game of we play!
Remember to use risk management and protect your trade by using stop loss to reduce your potential loss.
Trade smart to live another day.
Good luck traders.
Lenin
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