Technician
Short

Major Bearish Pin Bar At key Resistance: CADCHF Short

FX:CADCHF   Canadian Dollar/Swiss Franc
236 1 2
Update: First target hit, moved stop to break-even.
Closed second half at 0.8637, ahead of full target
Profit/loss(pips)=163

Yesterday's price action was really exciting, all gains were erased later on the session as price forms a major shooting star candle at this key resistance area . Hinting a potential resumption of the bearish trend . Be careful though, breaking and holding above 0.8865 shall be a strong bullish sign as it would indicate bulls have the upper hand.
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
Closed at 0.8637
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out