Wave-Trader
Short

CADCHF an other amazing short setup forming

FX:CADCHF   Canadian Dollar/Swiss Franc
I am expecting short again near the channel line like before we were selling this pair every time whenever price came close to the upper channel line again we have the same setup. Please remember if price break up with strong impulse and change the structure and patterns then i will revisit my idea and will look for the particular pattern and structure so far price running in the flat channel and we have short from the top of the trend line . Please click on the previous ideas so that you may understand how this pattern was developing over the time.
Comment: Moving amazingly.
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This is a great trading idea. Thanks Wave ' trader. I will be ready for it.
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I thing we can put a short order under the lower shadow of this rickshaw man pattern in the yellow rectangle for a risk/reward 1 on 2.45.
Furthermore there is an inside pattern.
What do you think about?

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Wave-Trader michele_laino
@michele_laino, your stop loss is too tight mate price may stop you out and then may continue to the downside ya.
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michele_laino Wave-Trader
@Wave-Trader, thanks. :)
So i could put SL above the first line of Fibo where there is the high of the shooting star.
Do you think is a better place for SL?
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Wave-Trader michele_laino
@michele_laino, yes at least there for reasonable stop.
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michele_laino Wave-Trader
@Wave-Trader, You have right. Thanks for advice.
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Moving amazingly.
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Very happy we sell from top!!!
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you are the best mate
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superb as always .. :)
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