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Trade Idea con CADCHF by ThinkingAntsOk
Canadian Dollar/Swiss Franc
Trade Idea con CADCHF by ThinkingAntsOk
Oleh ThinkingAntsOk
Ikuti
Ikuti
20 Mei 2020
1
9
4
4
20 Mei 2020
Use this as a guide to develop your setup.
Main items we can see on the 4hs chart:
a)
The price is on the edge of a major support resistance zone and a broken channel
b)
There we can see a Wedge Patter that has already been broken
c)
Currently, we can see a secondary correction (purple lines) on the edge of the Wedge Pattern
d)
We think that if the price breaks the secondary correction, we will see a bearish movement towards the next Support zone (trendline)
e)
The Risk-Reward ratio of this trade is 2.2
DAILY CHART:
CAD
CADCHF
chf
Forex
fx
Multiple Time Frame Analysis
Support and Resistance
swingtrading
Trend Analysis
ThinkingAntsOk
Ikuti
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