CADCHF LONG

When I saw the setup it look liked a perfect short opportunity, but market showed otherwise

Bearish Move:
There was a new 4HR support level
Market respected that level
Lower TF shows double bottom
Bulls took over

Bullish Move:
0.72844 was the previous high
From 0.72312 there were lots of engulfing candles showing the market is bullish now
The high was retested and is on its way to 0.73706

Declinazione di responsabilità