Technician
Short

(J) Trade 12: Short within Sideways Range #Forex

FX:CADCHF   Canadian Dollar/Swiss Franc
4004 45 119
Update 2: Closed All position at 0.7585 ahead of weekend.
Profit= 0
Current Balance = $30 591.5

Update: Trade is active
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Trade 12: Pending Short CADCHF             @0.7590
S.L @ 0.7630
T1 0.7525
T2 0.7465

For $29,211 Balance, Position size = 1.5 lot ~ 2% risk of capital

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Reasoning

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sheepskyfx
2 years ago
I'm in \o/
Reply
Same as in GBPCHF mate. RSI Divergence H4 while D1 closing EXACTLY at 200SMA resistance.
snapshot
+1 Reply
JorgeEllena
2 years ago
Why not enter now? Thanks for share!
Reply
Technician TOP JorgeEllena
2 years ago
I prefer a little bit higher for a better risk-reward, that's it
+2 Reply
PriceActionTrading Technician
2 years ago
Hi tech,
This is what i am waiting for. Note the D1 Bullish engulfing.