SimonVerlinde

CADCHF LONG

Long
OANDA:CADCHF   CAD/CHF
Weekly:
- Bullish candle close
- Bullish M
- Weekly lows + we have a pattern

Daily:
- Bullish
- Bullish M
- S&D zone at 100% level due to recent support and resistance that has been confirmed

*Detail: wick has been closing above candle leg 3

4H:
- Bearish
- Bullish driver
- Fib completion -68 aligns with daily zone and 4H IC

*If there forms a pattern in my golden zone above daily S&D zone, I can take it


Comment:
Early entry:

4H Inv H&S after descending channel on 4H

W + D are bullish + Daily market structure is bullish + clear rejection from first structure

4H has still the bullish driver + we broke out of the channel and had a break of the previous LH

Comment:
Early entry limit was removed = was my sign of FOMO, happy that I took the decision to remove my limit. Now my initial entry zone

Deceleration entry

We wicked below the D 100 so my Bullish M ( Natural M) is still valid


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