Long On CADCHF

Updated
Buy Entry On CADCHF

Supply & Demand zone Concept .

On 1hr chart of CADCHF price BOS to the Upside & turned to the uptrend & come to retest the leave behind FVG + Demand zone . After retesting the Demand zone market make Bullish candle on 1hr timeframe which is showing Buying pressure in to the market so I decided to go Long .

Entry Price - 0.68540
Stop Loss - 0.68412
Take Profit - 0.69730

Risk Reward = 1:9.3 RR

Note - Don't risk more than 0.25% in one trade , We need to keep our fund safe to take more opportunities in this market & specially to alive in this market.

GOOD LUCK TRADERS.
Trade closed: stop reached
Trend Analysis

Also on:

Disclaimer