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Nemo_Confidat
Mar 4, 2021 11:00 AM

CADCHF - SHORT; Get ready to dump this one hard!! Short

FX:CADCHF1W
Canadian Dollar/Swiss FrancFXCM

Description

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"Commodity Super-cycle" = Inflation = Tooth Fairy.
SHORT it hard 0.7320-0.7350

The Daily;

Trade active

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SHORT

Trade closed manually

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FLAT - for now; Scratch (0)

Comment

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The weight of the whole world is sitting on this one so, don't be shy shorting it here!


... and it is rapidly running out of juice! (if not already on empty)

Trade active

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SHORT

SELL it hard!!!

Comment

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It doesn't get any easier than this;

Keep Shorting it!!

Comment

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Just a garden variety Stop Hunt.It's a Massive SHORT here!!

Trade active

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SHORT

Comment

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Don't over-think this. It already put in a Double Top. Just SHORT it!
Trend AnalysisHarmonic PatternsFundamental AnalysisCADCHFcadchfshortcadchfsellcadchfsignalcadchfsetupcadchfforecastcadchfdailycadchfreversal
Comments
Jamal92
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Seems you have updated and not heeded my warning. Never to late mate!
Nemo_Confidat
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@Jamal92, Your warning against making money?! - Yes, I did ignore that.
Jamal92
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@IanSinclaire, Your money is delicious! It seems you want to short again ;)
Jamal92
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Checkmate*
LadyAnderson
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Great analysis! Thank you
Nemo_Confidat
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@LadyAnderson, Cheers! (Just be careful here, there is a "risk on" blow off top is coming in equities.)
Jamal92
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@IanSinclaire, My good friend is correct with the risk on but Oil is rising which is a huge supporter for the CAD. I think its over ;-)
Nemo_Confidat
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@Jamal92, I don't think that will matter, at all. Looking for a blow-off Top here (equities) and then it's all over. Crude ->$15, if they are lucky. USDCAD -> 1.45
Jamal92
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@IanSinclaire, My bad if I am taking over your setup. I like challenges and seeing how things are going but with the economies working again and the vaccines become ever so reliable this will only fuel more equities to rally in the short/medium term. Your money is gonna taste delicious when I use it to order some pizza ;-)
Nemo_Confidat
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@Jamal92, Bring it! ;-) (US stock market Cap. = 2.68x GDP. That is the only number that matters in the known universe. It's over.)
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