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JuventiniusTheGreat
Mar 30, 2024 12:59 PM

CadChf Short Short

Canadian Dollar/Swiss FrancFXCM

Description

I am going short on CadChf as it has broken the trendline and it is bouncing off the previous strong trendline resistance. My setup will be invalid if it breaks above the last resistance

Trade closed: stop reached

The setup was invalid as I was stopped out due to the pair pushing up a bit before it started dropping. I will be posting a new analysis
Comments
TheFxAce
Your analysis suggesting a downturn is coming is easy to follow and act on.
JuventiniusTheGreat
@TheFxAce, Thank you. Let's see how it plays out but should it break the 0.66780 mark and close above it then the setup will be invalid
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