CADCHF Reversal Scalp Idea
Updated
We had a nice close of a MMSM at noon, then the price reversed and was accompanied by a change of character. Usually this is a good opportunity for a reversal trade as the price may reverse and target buyside liquidity.
Trade closed: target reached
The price action was rather slow today and so I did not expect such a long consolidation, but anyway TP is hit and that's my last trade for the week. Have a great weekend!
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