I have shorted CADCHF since last Tuesday.
I remain bearish on this with my stops at 0.7910.
This is a nice bearish bat pattern at the top of an ED channel.
Next Friday there is a high impact CAD news.
We might need to wait till Friday to know if this trade will hit our TP or SL.
Stay patient.
EP 0.7850 - 0.7870
SL 0.7910
TP 0.7710
I remain bearish on this with my stops at 0.7910.
This is a nice bearish bat pattern at the top of an ED channel.
Next Friday there is a high impact CAD news.
We might need to wait till Friday to know if this trade will hit our TP or SL.
Stay patient.
EP 0.7850 - 0.7870
SL 0.7910
TP 0.7710
Trade active
+80 pips and counting. TP in about 40 pips time.Trade closed: target reached
TP last night. +140 - 160 pips depending on when you got in. Congrats to those who followed!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.