Reason for Selling AUD/CHF :
AUD/CHF was moving up and down between the ranges for a long time in the Daily Chart.
But, Finally market Breakout the bottom level and went down +1500 points (+150 pips).
Again the market starts to bounce back from the Price level 0.7275 and it Re-test the Previous bottom level, but fails to go inside the range.
This is the reason for selling AUD/CHF.
Finally, the market went down more and reached our profit target successfully.
Patience in holding profits for long time is mostly good for the trader. Instead of holding the loss for a long time, if you hold the profits, you will become a Consistently Profitable Trader. If you fear to hold the profitable trade for long time, then you can move your Stop Loss to Entry Price for Safe trading.
We always want you to trade forex market safe with care.
Please Don’t trade all the time, trade forex only at best trade setup.
It is better to do nothing, instead of taking wrong trades.
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