CADCHF - 3H - Approaching Trendline
We are currently approaching the trendline in a very harmonic lookin trenchannel. further are we at strong resistance.
Look for a doubletop on a 15min timeframe or something like a pinpar or doji on the 3h ( like we saw on the last retest) to go short.
if you wanna wait you can also go in after the confirmation of the doubletop we are seeing on the 3H. but that would only provide something like a 1:1 on tg1 for the retest and 1.5:1 for the extention target. but it would still be a good trade i think.
Look for a doubletop on a 15min timeframe or something like a pinpar or doji on the 3h ( like we saw on the last retest) to go short.
if you wanna wait you can also go in after the confirmation of the doubletop we are seeing on the 3H. but that would only provide something like a 1:1 on tg1 for the retest and 1.5:1 for the extention target. but it would still be a good trade i think.
Comment:
well with the break now i will obvsly look for longs rather then shorts. lets see if we can see come consolidation next.
