Clear Accumulation on CADCHF
Updated
Hello everyone,
This setup can be very interesting one for scalpers, I see a clear accumulation and lows being taken out before the shift and the BOS to the upside
Will wait for the price to reach my 5min demand area and retest that zone to look confirmations on much lower timeframes
Still a risky trade because the Higher Timeframe trend remain bearish so be careful.
This setup can be very interesting one for scalpers, I see a clear accumulation and lows being taken out before the shift and the BOS to the upside
Will wait for the price to reach my 5min demand area and retest that zone to look confirmations on much lower timeframes
Still a risky trade because the Higher Timeframe trend remain bearish so be careful.
Trade active
Trade is in profit nowTrade closed: target reached
Literally no drawdown for this trade and Price moved up directly after schematic completed giving us decent profitsDisclaimer
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.