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4xbullion
Nov 5, 2014 5:18 PM

Possible H&S in CADCHF @.8512 Short

Canadian Dollar/Swiss FrancFXCM

Description

A possible head and shoulder formation with confluence at 61.8% retracement of the head. A shorting opportunity may present at .8512 with stops above the head.

Trade Type: Head & Shoulders
Price: .8512
Target 1: .8384
Target 2: .8218
R/R Ratio: 1.5 and 3.7
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