taftrader

Yellow zone reached....Finally!!

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
We jumped the gun earlier by going countertrend and mother market punished us with a SL. the yellow zone is what we had been waiting for and has been reached, well barely but its enough. The amount of sellers there is seen by the momentum with which price quickly departed from it. This trade is for a few days and the full analysis is attached.

Entry:0.68842
SL :0.69055
TP : 0.67710
R : 4.93

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