#trade $CFX
Short term Bearish (mean reversion), Long term Bullish (fundamentals).
Risk Level: High recent volatility creates whipsaw potential.
Scalp Short
Entry 0.05850–0.05900
SL 0.06050
Take Profit 1 👉0.05700
Take Profit 1👉0.05400
Alternate Setup (Long if support holds):
If price bounces from 0.05600–0.05700 with a bullish engulfing candle and volume, enter long with SL below 0.05500 and TP1 0.06000, TP2 0.06488.
$CFX
Short term Bearish (mean reversion), Long term Bullish (fundamentals).
Risk Level: High recent volatility creates whipsaw potential.
Scalp Short
Entry 0.05850–0.05900
SL 0.06050
Take Profit 1 👉0.05700
Take Profit 1👉0.05400
Alternate Setup (Long if support holds):
If price bounces from 0.05600–0.05700 with a bullish engulfing candle and volume, enter long with SL below 0.05500 and TP1 0.06000, TP2 0.06488.
$CFX