MaxSeal

CADCHF GOING SHORT

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
for cadchf looking for more bearish price action before entering a upper rejection or bearish engulfing so what do we see to make our bias short?

  • BREAK OF THE MINOR SUPPORT (50% FIB RETRACEMENT)

  • BEARISH DIVERGENCE

  • TWEEZER TOP REVERSAL PATTERN ON RESISTANCE

  • STRONG DOWN TREND

  • PRICE ALSO FAILED TO CREATE A HH AND CONTINUES TO MAKE A LOWER HIGH AND LOWER LOWS CONTINUING DAILY TF TREND

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.