CADCHF - Trend Continuation

29 Ağu

This is a downtrend continuation trade I'm eyeing over on the CADCHF pair. Although the ADX is declining, I think this is a small pause before we see momentum accelerate again. Price failed to reverse to the upside and I'm timing this entry as price breaks below new lows.

TP: 75 pips (2x ADR)
SL: 30 pips