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Profound_Ambition
May 24, 2018 8:32 PM

CADCHF H4 Short

Canadian Dollar/Swiss FrancFXCM

Description

Price is not creating a trend reversal, topping out at weekly resistance. The uptrend line has been broken & retested along with the Moving averages crossing over showing bearish momentum. Watching for a retest to previous daily support as new resistance for entry & will likely be looking to hold until price reaches the bottom (:

Comment

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I will be looking to hold this long term, & adjusted stop loss into profit for the CAD interest rates next week

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price testing support, watching for a break to add another position
Comments
Rolando_Gonzalez
thanks for your chart! excellent!
Profound_Ambition
@RolandoGonzalezLealIsla, welcome! : )
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