ENTER LONG: CADCHF @ 0.6902
Looking at the weekly chart, The RSI has crossed back up, and there is bullish engulfing on the previous candle.
On the 4 hour chart, the RSI is almost at 30...this shows me that there is very little more leg to the downside, so I have drawn a more inside trend line......
As a result, I have entered a long trade with a stop loss of 300 pips.....and a potential profit of 200 pips ( note ...I don't follow the risk/reward ration norm....infact I do the opposite)
I will be holding this trade for a few weeks
Trade at your own risk
enjoy.
Looking at the weekly chart, The RSI has crossed back up, and there is bullish engulfing on the previous candle.
On the 4 hour chart, the RSI is almost at 30...this shows me that there is very little more leg to the downside, so I have drawn a more inside trend line......
As a result, I have entered a long trade with a stop loss of 300 pips.....and a potential profit of 200 pips ( note ...I don't follow the risk/reward ration norm....infact I do the opposite)
I will be holding this trade for a few weeks
Trade at your own risk
enjoy.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。