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DeltaDiamond
Feb 26, 2024 6:43 PM

CADCHF - Trading Idea ( Short Trade 100 PIP ) Short

Canadian Dollar/Swiss FrancFXCM

Description

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🎗️Pair of Name : FX:CADCHF ( Canadian dollar / Swiss Franc )
đź•žTime Frame : 4H
✔️Direction : Short
âž•Type : Swing High to Low Mid low
🎓Educational setup.
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🏷️Description
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As we can see, price in this triangle and we are now waiting for a retest or a clean breakout and a retest of the trend line. I have marked out where I'm expecting the break area (0.65000) to be and to take profit.(0.64000) And prices in this channel band. And prices also in this major channel band, I'm expecting price to go to the middle of the major channel band. This is also known as resistance or turnover level.

Trade active

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Entry now - Goodluckđź’«

Comment

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Retest at Enrty point
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