CAD/CHFShort
30-06-2022 _ Update Short Term Bearish Idea _ CADCHF M15
That’s a follow-up on the Short Term Bearish Idea _ CADCHF M15 originally shared earlier on 30-06-2022.
SL HIT. Better trade management would have saved the losing trade.
1- 0.7390 had been resistance in the past.
2- The price action retested the same level 5 times.
3- Therefore, lesson learnt is that if the price action is rejected from a certain level multiple time and that level had been support or resistance in the past CLOSE the TRADE early.
SL HIT. Better trade management would have saved the losing trade.
1- 0.7390 had been resistance in the past.
2- The price action retested the same level 5 times.
3- Therefore, lesson learnt is that if the price action is rejected from a certain level multiple time and that level had been support or resistance in the past CLOSE the TRADE early.
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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.
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.