Possible short entry on CADCHF. Should price be rejected from the supply/demand zone and close in the range of 0.76200 - 0.76100, followed by a confirmation bear candle then a possible entry would be around 0.76000 and look to take profit initially at 0.75500. My second take profit would be at 0.75000 and my final take profit at 0.74500.
However, should price break above the supply/demand zone and close in the region 0.76350 -0.76450, a possible long entry would be at 0.76500, and take profit at 0.77000.
If price does indeed make its way to the 0.77000 region then another possible short entry would be present.
Disclaimer!!!
This is not investment advice, just my personal opinion.
However, should price break above the supply/demand zone and close in the region 0.76350 -0.76450, a possible long entry would be at 0.76500, and take profit at 0.77000.
If price does indeed make its way to the 0.77000 region then another possible short entry would be present.
Disclaimer!!!
This is not investment advice, just my personal opinion.
Comment:
cleared 0.75500 and 0.75000
Trade closed: target reached:
Second target reach and I have closed this trade, expecting a strong pull back from the 0.74900 area