Potential long AUDCHF

Analysis time frame - Daily
Long term context - Bullish
Significant levels - 0.70870 and 0.72260
Recent price action - in consolidation / corrective phase with a false break to the downside.
My bias - Bullish
Trade idea - Look (on H4 t/f) for a long entry at/around 0.70870 with target below 0.72260

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As always, please use sound money and risk management in all your trades.

Kommentera:

This trade failed, nothing else to add :)
I look at this as a good trade that did not work out.