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SmithTradeSmart

CADCHF - Up-trend broken to the downside | 1:3 RR Short

Short
Canadian Dollar/Swiss Franc (FX:CADCHF)  
SmithTradeSmart  
FX:CADCHF   Canadian Dollar/Swiss Franc
Trend Analysis Chart Patterns Technical Indicators CADCHF cadchfshort cadchflong cadchfidea cadchfsell cadchfanalysis cadchfforecast cadchfbuy cadchfdaily
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trendanalysis chartpattern indicator cadchf cadchfshort cadchflong cadchfidea cadchfsell cadchfanalysis cadchfforecast cadchfbuy cadchfdaily
📢CADCHF 4H - Technical Breakdown

📈Price action has successfully broken through the clear up-trend and has since re-tested the prior support.

📈A short opportunity from the current market price presents a 1:3 RR trade aiming to bank 150 pips down to the highlighted support at 0.67300.
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