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Noname81

Broken Support Became Resistance

Short
Canadian Dollar/Swiss Franc (FX:CADCHF)  
Noname81 Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc
Trend Analysis
6
0
trendanalysis
Broken Support became resistance
Engulfing pattern on 12 hour chart at resistance
Possible 4:1 RR
Two position open 1% each position
Plan

Close first position at .7326
Move Second position Stop. Trail Stop on Daily Candle
Move Second position take profit to .7258
Comment:
Closed out First Position
Second position Stop loss trailing high of daily candle
Second position target still set at. 7258
Comment:
Target was hit.
Profit 5.58%
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