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10 July 2007

CADCHF Bearish Divergent Bar

CADCHF Bearish Divergent Bar


Here is the chart.

There are two Bearish Divergent Bars (with Bullish fractals on the same bar).



Forming an acute angle though, I was not much confident that these bars will offer a good trade.

But rules are rules and must be followed!

So I've placed orders above and below these bars and latter were taken soon.
The last Bullish fractal had almost taken the stop loss but fortunately "almost" and I've remained in ;-)

There were some Red Zone entries and now looking whether 1.142 level will be broken down...

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