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braandeeezy
Nov 24, 2019 11:01 PM

CADCHF Head and Shoulders (4hr TF) Short

Canadian Dollar/Swiss FrancFXCM

Description

Waiting for CADCHF to finish forming that right shoulder.
As you can see, the head of that right shoulder also aligns with the .618 fib retracement.
You could honestly sell right at that .618 and if it breaks through that support, we can see about a 200-300 pip move to that bottom support.
Just an idea, we'll see how it plays out
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