CADCHF Sell Short

Canadian Dollar/Swiss FrancFXCM

Description

⋅ Jul 24, 2016 11:24 AM

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:

timstuyts.com

facebook.com/timstuyts

Comment

⋅ Jul 25, 2016 5:41 PM

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.

Comment

⋅ Jul 28, 2016 2:18 PM

We had to be patience with this pair but we are heading towards our targets.