PlutusX

Possible Short Set up CADCHF

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
We just completed a successful short of CADCHF with the possibility of another set up forming around the 0.75245 level. The price level has confluence with the 0.38 Fib level as well. Price may make a put to said level before driving back down completing the weekly target.

Monitor the 4H timeframe when (& if) price nears the 0.75245 level. Be sure to use proper risk management.

Please leave a like and comment your ideas below as well.

Good luck traders!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.