I will go short on this pair on the break of the red TL and moving averages. This opportunity is viable only on the break on the TL, before that we can expect a move up to 0.76366. On the break, I am expecting the market to go down to .68 to .67. Now that is 10 % downfall which also means that for a person who uses 1:10 leverage that's 100% return on the capital invested. And that is why I won't be missing this trade.
From the research I've done in other currencies, I can see the potential for CAD weakening and CHF strengthening. Good luck. Do share your views in the comments below and 'Like' if this helped you. Cheers (22/03/2016)
My other Ideas can be found in the links below.
From the research I've done in other currencies, I can see the potential for CAD weakening and CHF strengthening. Good luck. Do share your views in the comments below and 'Like' if this helped you. Cheers (22/03/2016)
My other Ideas can be found in the links below.
Comment:
Break-even trade was closed days back. Always remember to move your stops to positive after gaining 75 and more. The trend of CADCHF has changed now
