CADCHF Pull back trade
CADCHF has been in a downtrend and now has reached a major support. I expect a pullback and then a continuation to the downside.
Confirmations
Engulfing candle.
Fractal
Rejection wicks on the support.
momentum of candles.
Don't be fooled by the SL hunt.
Confirmations
Engulfing candle.
Fractal
Rejection wicks on the support.
momentum of candles.
Don't be fooled by the SL hunt.
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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.