dionvuletich

CADCHF Butterfly into supply level

Short
dionvuletich Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc
CADCHF Butterfly into key level

Must be noted that the supply level is not the greatest, and there are two possible levels, because of this I will be looking for price action clues to short first
Interestingly this is the inverse of the USDCAD post I noted earlier

Shows possibility of CAD weakness in the short to medium term
Comment:
Halted rally in my expected zone, took a lower timeframe trade on it to hit 2 of 3 targets - moderate win... nice daily pin bar in the zone would have been a good trigger to short with low risk
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