Bias Bearish
Fundamental
CHF going strong, and CAD is weakening slow
Price Action
Price rejected from H4 SR & Bearish TL. Price formed a rising wedge pattern. Price breakout of the wedge pattern.
Confluence:
Broken wedge pattern and SR level.
Setup
Short entry at H1 SR level.
SL 2x ATR(20)
TP next H4 Swing low below Daily SR level R:R 1:8 high trade management required
Fundamental
CHF going strong, and CAD is weakening slow
Price Action
Price rejected from H4 SR & Bearish TL. Price formed a rising wedge pattern. Price breakout of the wedge pattern.
Confluence:
Broken wedge pattern and SR level.
Setup
Short entry at H1 SR level.
SL 2x ATR(20)
TP next H4 Swing low below Daily SR level R:R 1:8 high trade management required
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.