TheSocialTraders

The Social Traders | CADCHF Short

Short
OANDA:CADCHF   CAD/CHF
Not too much we're looking at today. CADCHF has caught my eye, we've just stripped this right back to look at it from a patterns perspective. Currently completed the 1,2,3 touch structure, rising wedge pattern, double top and price action right on the daily 50EMA and rejecting nicely. It is a simple trade but could be incredibly effective if we play this to the 90% rule!