cadchf sell the breakout idea.

FX:CADCHF   Canadian Dollar/Swiss Franc
42 0 3
cadchf             is making a triangle pattern that we can look to break bearish . if and once it does i will be a seller.

cadchf             sell the breakout
- triangle continuation pattern
- RSI divergence

entry: breakout
sl: to be determined.(at high or above high after price breakout)
tp: 0.73347

potencial gain: aprox. 150 pips
Comment: i did not catch the initial breakout as i was not counting on the breakout happening just yet. it did. does not matter. no rush, no worries, just wait for the setup to get in and join. this will be my entry. market made an impuse, now its making a correction, we will sell the breakout of this correction down to our target. sl is yet to be determined. if proper sl placement does not give me an ideal r/r then i will let it go
Comment: finally hit the extension. price may be ready for a HUGE move up on bigger tf
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out