Showing posts with label CADCHF. Show all posts
Showing posts with label CADCHF. Show all posts

Tuesday, January 31, 2017

31.01.2017 - CADCHF D1 - Trading With Price Action

Pair: CADCHF (5 candle - New York close)
Entry: trend trading with pin bar - sell limit order
Exit: 0.75284

In the D1 CADCHF chart below, we can see a bearish pin bar sell signal that formed at long-term key level yesterday. I went short at 50% retracement of this pin bar's length. I see the potential for downside movement into 0.7535 - 0.7525 area. As always, trade at your own risk.

31.01.2017 - CADCHF D1 - Trading With Price Action
31.01.2017 - CADCHF D1 - Trading With Price Action