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iyantim
Jun 9, 2019 11:50 PM

CADCHF Short Short

Canadian Dollar/Swiss FrancFXCM

Description

Market gap provided a nice opportunity for short position with a tight SL

Comment

Price tapped region of previous wick high, has now returned to pivot, anticipating short

Comment

Price has rejected the pivot point, and we are currently running 30 pips as we fill the gap.

Stops have been placed at entry - making this a risk free trade to swing short.

This is important as there is a possibility that price will reverse from the green zone to form an inverse H&S

Trade closed manually

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