Hello, I am Agape
a daily and weekly swing trader
It's pretty clear that CADCHF will go down to 0.732 (previous weekly resistance) after rejected 2 times on daily timeframe and close with huge bearish candle
Also you can see that price action on intraday timeframe (H4) printed a new lower low, i will place my pending limit order on this yellow area
Manage your lot size
Place your trade at your own risk
a daily and weekly swing trader
It's pretty clear that CADCHF will go down to 0.732 (previous weekly resistance) after rejected 2 times on daily timeframe and close with huge bearish candle
Also you can see that price action on intraday timeframe (H4) printed a new lower low, i will place my pending limit order on this yellow area
Manage your lot size
Place your trade at your own risk
Comment:
Added more short position at 0.7446
Order cancelled:
Daily candle (27 october) broke the bearish structure, i will change my TP to 0.7414 and consider to switch position into buy
Order cancelled:
Setup is failed. Profit only few pips.
Case closed.
Case closed.