AUD/CHF Bullish Breakout Setup – Demand Zone to Target 0.54600

1. Setup Overview

📈 Trade Type: Long (Buy)
📊 Chart Pattern: Trendline Breakout
📏 Indicator Used: EMA (70) — 🔴 0.53726


2. Key Price Levels

🔵 Demand Zone:
* 0.53225 – 0.53504
* Strong buying interest seen here

⬆️ Entry Point:
* Around 0.53517 – 0.53630
* Price is breaking above resistance and trendline

🛑 Stop Loss:
* Below 0.53219
* Protects against false breakout

🎯 Target Point:
* Primary TP: 0.54600
* Extended TP: 0.54697
* Previous supply/resistance zone


3. Structure Breakdown

📉 Trendline:
* Downward sloping trendline has been tested
* Price looks to be breaking out

📌 Resistance Turned Support:
* Break above 0.53500 confirms bullish momentum

📊 EMA (70):
* Current price is slightly below EMA
* Bullish confirmation if price closes above it


4. Risk-to-Reward

⚖️ R:R Ratio: Approximately 1:3
* Small stop loss for a much larger upside