byStoyan

CADCHF short opportunity

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
This is a scenario that I expect to activate today. Look left how the zone was penetrated over and over again. If we get overall stock market weakness today (S&P, Oil, etc.), then this pair will suffer too. I currently have no position, but will position myself with a Sell Limit from marked area.
There is a good chance that it won't get activated, but that's OK. Never chase price and fall victim of FOMO.
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