TradingView
VasilyTrader
Apr 19, 2021 9:55 AM

CADCHF: Waiting For Breakout Short

CAD/CHFOANDA

Description



CADCHF is stuck within a local horizontal trading range on 8H.

I am waiting for its bearish breakout to short the pair and catch the next swing move to the downside.
Next support - 0.7275

Remember, that while the price is within the range,
its future direction is uncertain.

In case of a bullish breakout of the range, a bullish move will be expected.
The next resistance will be 0.747

❤️Please, support this idea with a like and comment!❤️

⬇️Subscribe to my social networks!⬇️

Comment

Check my new idea on EURJPY:
Comments
nicotj
very nice setup. am looking for a short. trend continuation double top
VasilyTrader
@nico1fx, thank you bro!!!
TradingBonus
Love it!
VasilyTrader
@Zanchy, thank you buddy 😊
VasilyTrader
Are you bullish or bearish on cadchf?
More