WicksAndPips

AUDCHF - Simple 4H Overview

OANDA:AUDCHF   澳元/瑞郎
Hey guys, sorry I have not been posting as much as I would love to. I've recently been working on a project in regards to trading which I believe will be of great value when I'm ready and have decided to share it with you guys. For now, lets take a look at AUDCHF on the 4H timeframe.

Charting includes : Volume profile , Supply and Demand , Classic patterns.

Price is currently trading within the range of a triangle formation, where we can assume to be expecting an impulse soon from the breakout. We should be utilizing the relevant fixed ranges to determine the validity of any breakout attempts and engage only with confirmations.

Expected move on impulse : ~120 pips.
Back-tested data on trade type : Longs(54%) vs Shorts (46%)
Not financial advice, DYOR.

Like post to stay updated! Comment/ DM me if you have any questions.
As always, stay safe, trade safe.
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