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rama.anandhita
Nov 30, 2016 5:46 AM

CADCHF Short

Canadian Dollar/Swiss FrancFXCM

Description

sell area : 0.7563
t/p : 0.7459 / 0.7383
s/l : 0.7608
Comments
jeanienyc
Hi, First of all, i really like your analysis. Thank you for sharing. Just one quick question; is there a reason you put your stops at the "x" leg rather than above it or below it?
Thank you!
rama.anandhita
@jeanienyc, because I think if prices break through the point x, then the chances of subsequent reversal In 113 of XA.
jeanienyc
@Rama.anandhita, that makes a lot of sense...thanks
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