Lanmar
Short

CADCHF: Cont´d Short Set-up (Medium and Long term)

FX:CADCHF   Canadian Dollar/Swiss Franc
43 0 5
Weakness likely to continue in the Canadian Dollar             against the Swiss Franc             .

1) Price rejected on the monthly minor TL
2) Price broke 6 month channel while forming minor H&S

I think the big play might be buying the potential bottom at the lower bound of the long term range (.68xx).
Comment:

Short at 7518
Comment: Short set-up remains with low risk (.30% of capital based on a maximum price breach (long wick) above .7686).
Comment:
Comment: Sorry, wrong chart above.

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