CADCHF , TF 1H , the price still inside the trading range with last small trend down comes from the resistance after some tall red candles , so i think that the of the trading range will be the target level :)
@alex.a this analyse satisfy you :)
Yes, I'm short here again after I've burnt myself. Can you see that flush bar over those highs? It stopped me out at the very last pip to the top; it hurt! Now I find it a Wyckoff upthrust and the price is likely to go down. I think one might expect bold targets here - yours are fine, but perhaps even new lows...
is clear that you use the stop lose , i think stop loss is the surest and the most dangerous thing in Forex , personally i do not always use it , i only set the stop area and close the positions manually , cause i think the close price is the most important price in the chart , look again forcefollower , if you still in market after that candle , im sure that you will never close your position yet