CADCHF Daily Cypher
In the zone, current candle is yet to close, but if small and bullish it would be a good sign for a short term rally
Aggressive stop would be just below pin bar, conservative would be below the 113% extension, Reward to risk wise I prefer the aggressive entries while giving up win% in the process in return for higher reward to risk ratios...
Reward to risk would be 2.2:1 for first target which is good, and 6:1 for second target if hit...
Bullish RSI divergence also helps but I rarely put much emphasis on it
Aggressive stop would be just below pin bar, conservative would be below the 113% extension, Reward to risk wise I prefer the aggressive entries while giving up win% in the process in return for higher reward to risk ratios...
Reward to risk would be 2.2:1 for first target which is good, and 6:1 for second target if hit...
Bullish RSI divergence also helps but I rarely put much emphasis on it
Trade fermée: ordre d’arrêt atteint
-1R Loss
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.