CADCHF - Long Long

CAD/CHFOANDA

Description

⋅ Nov 24, 2019 11:37 AM

Caught the short move down in the channel.

Now since it failed to touch the bottom of the descending channel and has broken to the upside I am going to long this pair soon as the market open.

0.76 Looks like a good area to get out, on the daily TF there are a lot of wicks at that level so hopefully it at least gets tested.

Will see how it plays out.

Comments

faith_defender

⋅ Dec 4, 2019 10:32 PM

I believe, had you drawn your trendlines further to the lower right, placed the stop near the lower area where the lines intersected, maybe you would have hit a home run? I dont know, but it appears maybe?