rednblue170

CAD/CHF long position on the D t/f

Long
OANDA:CADCHF   CAD/CHF
Waiting for price to reach a major support zone, expecting a bounce despite the clear downtrend.
Will take the trade on the daily timeframe, to a 1-1.25 R/R
Comment:
Price just failed to reach my alert but did react as I thought it would.
Comment:
If price continues to make lower highs, I will wait for support to be broken, then retested,I will then look for a short and continuation to the downside.
Comment:
Price broke support, waiting for 0.66300 for short position.
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