Markets to make some recovery - Buying CADCHF now

Last night was a bloodbath for stock as predicted but there is an opportunity to buy CADCHF and other risk on currencies. The reason I chose this was:

1) Daily is UP
2) Oil is strong so therefore so is CAD
3) Strong divergence in M15, M30 and H1

Stop Loss is about 40 pips.

Trade fechado: stop atingido:

Trade stopped out sadly. The bears are in control.

19/05/22 DEAL CAD/CHF Mini converted at 1.42272560042202 SD SD-72.13

Funds: SD11,123.28

Trade ativo:

Entered the trade again on 20th May 2022.

H4 is completely oversold.
There is a yesterday's low.
RSI divergence on H1, M30 and M15

Comentário:

There is a shark pattern at Point C now.

The target to sell would be 0.7685 which is about 100 pips away.

Trade fechado manualmente:

Took the money out when M15 reached OB.

20/05/22 DEAL CAD/CHF Mini converted at 1.40947710455761 SD SD13.04

Funds: SD11,095.00