CADCHF Short on Daily Short

CAD/CHFOANDA

Description

⋅ Jul 12, 2018 8:22 AM

Multiple rejections from the 0.75689 resistance level which is also the 50% retracement of the breakout (0.77400) level. Price also rejecting from downtrend line so I can see strong confluence in this area.

Pending sell order @ 0.75484
SL: 0.76092 (61 pips)
TP: 0.75254 (123 pips)
RR 2:1