Red5FX

Potential Short of CAD/CHF

Short
Red5FX Updated   
OANDA:CADCHF   CAD/CHF
Although we are still bullish on higher timeframes we could see a retracement before heading back up. The 4hr timeframe showing a impulsive bearish move and forming a lower low. If we get a break of structure and a retest of the green 4hr levle then we can look for a short portion for about 85 pips into a significant structure area.
Comment:
we got our move now looking for the bullish trend to resume
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.