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TimStuyts

CADCHF Sell

Short
Canadian Dollar/Swiss Franc (FX:CADCHF)  
TimStuyts Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc
8
0
The CADCHF is breaking out a corrective structure and we should be looking for sell trades towards 0.74 and 0.725 and possibly even lower.
The USDCAD was and still is an absolute winner and should help give you some context. See link below:
USDCAD scenario both for bulls and bears

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Comment:
I really like the structure for a short for CADCHF. Minimum target for me will be the 2 fib levels outlined by means of the arrows.
snapshot
Comment:
We had to be patience with this pair but we are heading towards our targets.
snapshot

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