TATCH 👻 TRADING JOURNAL: [CAD/CHF] in for a correction ? NICE LOOKING PATTERN
Hello !
CAD/CHF lost close to 500 pips since beginning of 2018 but it's now exposing a nice potential reversal pattern
Price action
Plan
Best would be to take 'fakeout' low as entry long or any continuation pattern, use tight SLs.
In such context 'high' of the channel is generally take out (TP3) which makes it a good target (almost 300pips) and allow for high R:R if you keep you SLs below 30pips...
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Much love
Cédric
Tatch Capital Limited
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GuldenTrader
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All disclaimers and common sense apply.
No advise, just personal commentary.
"Never go full retard".
Nice! I think so too. Following. Check out my FX ta and consider following me back. Hi 🖐🏼🙂
Will do 👊