CADCHF A Grade Distribution BUA Breakdown 15 minute Range with 4 Minute Execution.

6th December 9:30pm

The live replay below contains a trading error. I took a long against the daily SMA and got slammed. I regained by composure, did not cut off the recording and the next trade is the distribution as a secondary test in a greater trading range which I analyse in this post.

15 minute chart PSA

BUA POE

5 minute bua POE note stop placement

4 hour momentum

4 hour sma deviation is zero

Daily SMA - note this trade is a breakout from the daily SMA, when you get setups like this price has a lot of room to run.