Short

Cadchf high probability trade

By AlbanianMMFXT

Updated

There are some good confirmations that the pair is bearish.

Note

I believe the price might rise some more and retest both the BOS and the psychological price level 0.6600. However, it made some strong rejections at the 4hr FVG, so I have already entered a position with a stop loss above the psychological level. Another confirmation that has worked well for me is the head and shoulders pattern, which I also observed forming.

Trade closed: target reached

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