Pennant formation in H4 on CADCHF
Possibility of a short entrance after a breakout of the lower trend line, it retested and now I think it could go around 250+ pips down in a couple of days. I placed a tight stop loss 'cause I think that if it bounces up again, it would be a fakeout.
Leave a comment and let me know if you agree or not and what do you think this pair will do.
Follow for more ideas.
Leave a comment and let me know if you agree or not and what do you think this pair will do.
Follow for more ideas.
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.