Snehath
Short

The big short on CADCHF after the 170 pips profit long

FX:CADCHF   Canadian Dollar/Swiss Franc
Earlier this week, I called for a long on CADCHF             at 0.7530 region. The pair responded to the harmonic pattern and rose 130 pips to date.

Once it hits 0.77 we are going to look to short. Here are my reasons

1) Gartley pattern

2) Weekly structure

3) Oil             hitting $50 and we may see a big short on CAD

If this works out, I will target the huge gartley on D1 at 0.7350.
junming1985
6 months ago
Snehath.... i think you have insider news :)
Really Amazing call for the long....you still holding it all the way to 0.77?
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card54911 junming1985
6 months ago
Awesome! Insider or not, more reason for my subscription thanks guys!!
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Snehath junming1985
6 months ago
Lol, just good old harmonics! I closed this when I went long on GBPCAD but it still should go to 0.77 else we cannot short.
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Carlos_LL
6 months ago
Hi! Good call on the Gartley, however your D target is @ .886 and this hit at .786 for the Gartley. I took the trade myself on the same pattern. I like your reasoning in correlation with Oil
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Carlos_LL Carlos_LL
6 months ago
I meant .893!
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Snehath Carlos_LL
6 months ago
The AB=CD structure is at 0.7704. This level needs to get hit before we can consider a short. Let's hope it hits next week!
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ScottCarney
6 months ago
great stuff!
Reply
Snehath ScottCarney
6 months ago
Yes it is coz you taught us how to do this!
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