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WicktatorFX
Feb 21, 2021 4:44 PM

CADCHF - Beautiful SHORT set up - DO NOT MISS 

Canadian Dollar/Swiss FrancFXCM

Description

This week I am looking for CAD weakness and just so happens that CADCHF is in the perfect area to short. It's currently rejecting the channel resistance and the 786 fib.

Risk Entry: Short now and stops above the channel

Safe entry: Wait for break of the trendline and zone marked and await retest

Do make sure to leave a comment and a thumbs up if you agree! Trade safe.
Comments
loudon3
Very nice setup, Wicktator ... I’m watching this one, as you suggest.
UnknownUnicorn2319293
Shame it didn’t work out
PriceActionAnalyses
I agree
Chibuike_Odoh
Great analysis
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