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SHORT TERM TECH. ANALYSIS. 4H CHART, FLAG
Tomorow is the Canadian central bank RATE DECISION.The price might be affected by it. The probability of rate hiking by the bank is 14. Dropped by 38%. Yen index is at Nov2023 low and the CXY is sitting currently at the midle of a downward channel. The flag pattern at 15M chart broke and got me in the trade. The risk reward is 3:1 _ The Margin used is 100% _ Risk is 15% SL: 111.90 TP:111.304
SHORT TERM TECH. ANALYSIS. 4H CHART, FLAG
Tomorow is the Canadian central bank RATE DECISION.The price might be affected by it. The probability of rate hiking by the bank is 14. Dropped by 38%. Yen index is at Nov2023 low and the CXY is sitting currently at the midle of a downward channel. The flag pattern at 15M chart broke and got me in the trade. The risk reward is 3:1 _ The Margin used is 100% _ Risk is 15% SL: 111.90 TP:111.304
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