Technician
Short

CADCHF: Multiple Bearish Breakout

FX:CADCHF   Canadian Dollar/Swiss Franc
1215 12 10
Update: Stopped out = -85x2= -170
Update: Trade is ACTIVE
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- Rising channel was taken
- Key Horizontal Support around 0.8400 was taken
-50 days SMA was taken
-Retested that broken support area, and failed.
-Rejection pin bars

Trade Safe, and Best of Luck , join me at https://twitter.com/thefxchannel
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My best regards,
Technician

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Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losing is a main part of the game
If you dont want to miss any trade and see all the trades live, fully transparent. No bullshit like some others. Join my FREE channel here https://telegram.me/technician_forex_trades
thanks
+1 Reply
SwingAndPip
2 years ago
Are you looking for a retest
Reply
Added to my short a few hours ago
Reply
VelsonChew
2 years ago
Trade is active but the market is seem like against us. What is ur opinion about this trend? tq
Reply
Technician TOP VelsonChew
2 years ago
i am in the trade now, keeping my stop loss intact
Reply
Update: Trade is ACTIVE
Reply
Pepolape Technician
2 years ago
Stop is practically here now
Reply
VelsonChew
2 years ago
the trade is close due to market had hits SL. -177 USD. T.T
+1 Reply
Stopped out = -85x2= -170
Reply
Pepolape Technician
2 years ago
Hi Technician, I have also lost in this operation, but no problem. What do you think about EURUSD right now?
Reply
Technician TOP Pepolape
2 years ago
I think its bearish to sideways for now... But no trade for me
+1 Reply
jonatsgonats
2 years ago
Looks ready for a reversal from this longer term chart as price is hovering below the channel break... lots of whipsaw though...
Reply
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