ridethepig | CADCHF Market Commentary 2020.07.01
已更新
📌Marking the start of Short-term flows with CADCHF...
The initial move down was grandiose which, however, was not strictly able to test the 0.690x lows. Sellers would have won the battle easily and continued the breakdown via weaker CAD fundamentals.
=> Instead luring unaware buyers into a compression range to later suffer from an embarrassment of a further breakdown. Tracking closely the 0.695x support, we all know about the diversionary role that CHF plays in risk, so I shall refrain from further comment.
With the clash certainly decided over the coming 'hours' the configuration offers plenty of scope for manoeuvring from the sell side.
Thanks for keeping the feedback coming 👍 or 👎
The initial move down was grandiose which, however, was not strictly able to test the 0.690x lows. Sellers would have won the battle easily and continued the breakdown via weaker CAD fundamentals.
=> Instead luring unaware buyers into a compression range to later suffer from an embarrassment of a further breakdown. Tracking closely the 0.695x support, we all know about the diversionary role that CHF plays in risk, so I shall refrain from further comment.
With the clash certainly decided over the coming 'hours' the configuration offers plenty of scope for manoeuvring from the sell side.
Thanks for keeping the feedback coming 👍 or 👎
交易進行
交易結束：目標達成
0.695x TP hit!!Trailing time for those holding shorts and aiming for the lottery ticket.
交易結束：目標達成
0.690x TP2 Hit! Well done those who got the move.註釋
Flawless range 0.69xx <=> 0.70xx
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