CADCHF - Look out for this before selling!

Hey guys, am watching CADCHF closely for the next few hours.

I see a bearish shark completing at the extreme of a daily down-sloping ED channel.

This is a perfect setup for me.

Next, I will monitor some form of RSI divergence upon retest/rejection of 0.7570-0.76 before executing my short.

Trade will be invalidated if price just break above this zone convincingly.

If this trade gets executed, this will be the ideal levels.

EP: 0.7570
SL: 0.7630
TP: 0.7350

Comment:

This is the reason why pending orders are not recommended!

Right now we are at this PRZ zone.

We have to watch over the next few hours if price will reject $0.76 and fall below the PRZ.

That is when I will enter my short.

Else this is a PRZ breakout move and it is gonna have a huge move upwards.

Comment:

Very nice, we have a false breakout yesterday.

Have put in a pending order to short at $0.7570.

Comment:

Sorry, this is the correct link.

Comment:

Hey guys, for those of you who are interested how I trade, I prepared a report on how I will trade in Week 42.

Download report by clicking link below, no signups/login required.

www.harmonicforex.co...arket-outlook-report

Comment:

This week's market outlook is out!
Had a chat with my mentor Scott(Scott Carney) yesterday, we spoke about how we view the various markets.
I will share about what he revealed to me about the S&P index in this week's report.

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bit.ly/2g7akqo