by Edgar A, February 4, 2021
by Edgar Afundi February 4, 2021
CAD/CHF
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Short
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H4
Table of Contents
H4
Technical Analysis
Price has reached supply zone on the 4HR chart. Look out for confirmation bias rejection of the 0.7070 to 0.7030 zone for potential shorts upto the 0.6900 handle. This trade provides the potential for a 1:3 risk reward upto a 1:4 on a tighter risk reward
Short below 0.7030 with take profit at the 0.6900 level
1:3 Risk reward tight stops abobe the 0.7060 habdle
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nice set up. i am currently in the same trade.
caught the sell at
0.70568
nice, seems all demand levels on this leg have been already consumed, could work quckly