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Roker1
Jul 13, 2017 7:27 AM

Short Setup on CADCHF! Short

Canadian Dollar/Swiss FrancFXCM

Description

Hey guys,
just wanted to let you know i'm looking for a reason to short this market. I've noticed we've already completed a Bat pattern and price wasn't able to close above X point, this means the structure held and therefore we want to pay attention to that. As of now though, i'm not short yet because i'm waiting for a confirmation on lower timeframes such as 1h and 4h. I'd expect a double top with divergence and that would help definetly my decision. But let's see...I'll keep you updated.

If you want to share ideas or ask questions, feel free to comment below.
Otherwise, see you in the next chart!

Comment

Double Top completed. Order's set:
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