TradingView
giorgiofrattolillo
Jul 28, 2018 2:37 PM

$CADCHF 4H Possible Short Short

Canadian Dollar/Swiss FrancFXCM

Description

Possible shorting opportunity on the 4H chart, looking at a shooting star at the top of the previous uptrend along with it being currently overbought.

Comment

Also, Swiss leading indicator is releasing a joint survey which measures overall economic activity on Monday 30th. This could be a bullish move for the CHF, further backing my technical analysis.
Comments
HamzaTM
What indicator are you using?
giorgiofrattolillo
@HamzaTM, Its called the 'Bill Williams 3 lines' mate. However next week i think i will be switching back to Bollinger bands, im still very new to this so trying to find what works best for me!
More