CADCHF Swing Sell
My Short analysis on CADCHF.
Scale in (Second entry)
We had a Bullish Order Block (Demand zone) as highlighted, price broke through it creating a Flip Zone ( now becoming the Supply Zone).
A Breaker Block has formed, it is valid as we have swept all the liquidity lying above the consolidation on the left and then proceeded to break structure to the downside.
I will take this trade when I receive bearish confirmation on the lower time frames.
SL - (26 Pips)
TP - (84 Pips)
RR: 3.23:1
Safe trading :D
Scale in (Second entry)
We had a Bullish Order Block (Demand zone) as highlighted, price broke through it creating a Flip Zone ( now becoming the Supply Zone).
A Breaker Block has formed, it is valid as we have swept all the liquidity lying above the consolidation on the left and then proceeded to break structure to the downside.
I will take this trade when I receive bearish confirmation on the lower time frames.
SL - (26 Pips)
TP - (84 Pips)
RR: 3.23:1
Safe trading :D
Nota
Price retraced into point of interest, we got a BOS DOWN on the 15m so this confirmed my bias.Entry : 0.65800
SL : 0.66050 (25 Pips)
TP : 0.65000 (79 Pips)
RR : 3.16:1
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.