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theforexdaddy
Jun 1, 2019 7:00 AM

CAD/CHF Nice short opportunity Short

Canadian Dollar/Swiss FrancFXCM

Description

WEEKLY: Price on downtrend making LH & LL since aug 2017
Nice price rejection at 0.76 with double doji
DAILY: Price broke the trendline with nice double top
Rejected off support & fib 61.8
4HOUR: Downtrend

CONCLUSION: I will be looking to short this pair if we can
manage to break through first support and the second one
which is also the neckline. Previous low will be the target
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