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Munky83

CAD/CHF Bearish possibility

Short
Canadian Dollar/Swiss Franc (FX:CADCHF)  
Munky83 Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc
Chart Patterns cadchfshort
2
0
chartpattern cadchfshort
Hi,

Price is testing the daily resistance, on the 1HR it is forming a nice little double top. Waiting for the hourly close below to sell on a retrace of the broken neckline.

Any feedback on the analysis would be appreciated, this is not a signal.


Thanks
Comment:
So the price broke the neckline and went straight down to where my TP1 would have been without a retrace, this setup waiting for the retrace is now considered invalid.
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