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UnknownUnicorn3974120

At Fib 50 & Structural trend line break out.

Short
CAD/CHF (OANDA:CADCHF)  
UnknownUnicorn3974120 Updated   
OANDA:CADCHF   CAD/CHF
Fibonacci Trend Lines Support and Resistance Divergence Fibonacci Retracement fib 50 structure
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fibonacci trendline supportandresistance divergence fibonacciretracement fib 50 structure
Price is at the 50 level of the last major fib retracement. There is structural resistance at this area. Price has formed a bearish bar out side the trend line. Price should continue downwards. Divergence is evidence.
Comment:
Nice break out towards the downside.
Comment:
Good push to down side. Hit the 0 retracement. Trade was stopped soon after.
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