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vlad.adrian
Jun 27, 2014 11:51 AM

CADCHF - Smaller time frame double top Short

Canadian Dollar/Swiss FrancFXCM

Description

I don't really like trading smaller time frames, unless I trade for a longer term reason and I want to look for an entry, but I will give it a go. The daily chart doesn't look that bullish anymore, it seems a correction is comming, and the H4 looks very bearish for the next few days tradingview.com/x/YeEzsD4T.

A bearish divergence with a false breakout, and many indecision candles. First target at the round level of 0.83000, second target at 0.82600. Stop at 0.83670
Comments
vlad.adrian
30.06.2014 Closed half at first target, stop on break even
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