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TheSignalyst
Oct 16, 2019 12:43 PM

CADCHF Short/Sell Idea Short

Canadian Dollar/Swiss FrancFXCM

Description

CADCHF Short/Sell Idea

waiting for a momentum candle close below 0.7520 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Channel Pattern rejection (in blue)
3- Resistance/Supply zone (in light-blue)
4- Double Top pattern (in red and purple)

Four confluences are enough to consider Selling CADCHF, after a break below 0.7520 (in gray)
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