AUDCHF correction move on daily. Looks like it's ready to go up on the 1H timeframe. Usually, I would have done a market execution but this way seems safer?

(For future note, the coronavirus is having a heavy impact on the markets, so take this into consideration when looking back at this trade as it is definitely a factor).

Trade posted Friday night, 20th March 2020.

NOTE: This is not a signal! Posts are for journaling only.
ملاحظة
Daily
لقطة
(Note that I drew the parallel channel just in case)
تم فتح الصفقة
لقطة
ملاحظة
SL moved to profit and TP moved to this level. Less volume so banks could be readying their positions for shorts
لقطة
أغلقت الصفقة: تم الوصول للهدف
RR: 1.15
لقطة
AUDCHFaudchflongFibonacciMultiple Time Frame AnalysisTrend Analysis

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