CADCHF made a breakout of the support (Yello) zone.
And making retest as resistance.
So the area of red zone is ready for an open sell trade.
good luck
And making retest as resistance.
So the area of red zone is ready for an open sell trade.
good luck
Trade active
In lower Time frame there is an entry reason called "Double Top"And you can make a sell order from there.
Note
I have set the SL and TP.IF reaches the 1st TP, move SL to the entry label, and close half your trading volume, and wait for reaching 2nd TP
Note
trade is still direction........ waitNote
It hit TP- 1 move SL to the entry label. and wait for reaching TP - 2Trade closed: target reached
we win half of our trade without any loss.... because we hit Tp before SL...and after 1st TP was hit we move our sl to the entry point and close half of our trade.......
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.