CADCHF [Long] (Attempt#2)
Updated
Long Setup (Attempt#2)
- Base on previous lost trade - Head and Shoulder formation still valid much better entry - Stop and target adjusted - If today does not fill the limit order setup invalid look for more price action tomorrow Setup Entry #1: - Entry: 0.73295 (Limit order) - Stop: 0.72931 - TP1 : 0.73755 - TP2 : 0.74269 Setup Entry #2: - Entry: Retrace from 0.74101 resistance zone to entry zone (Entry#1 TP1 hit) - Stop: 0.73295 (same as Entry#1 Entry) - TP1 : 0.74934 (Same as Entry#1 TP2) - TP2 : 0.76210
- Base on previous lost trade - Head and Shoulder formation still valid much better entry - Stop and target adjusted - If today does not fill the limit order setup invalid look for more price action tomorrow Setup Entry #1: - Entry: 0.73295 (Limit order) - Stop: 0.72931 - TP1 : 0.73755 - TP2 : 0.74269 Setup Entry #2: - Entry: Retrace from 0.74101 resistance zone to entry zone (Entry#1 TP1 hit) - Stop: 0.73295 (same as Entry#1 Entry) - TP1 : 0.74934 (Same as Entry#1 TP2) - TP2 : 0.76210
Note
FilledNote
Stopped out 2nd attempt. No more trade from current market structure.Looking for consolidation, double bottom. Possible shorts when she retrace a bit higher.
Trade closed: stop reached
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