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tommyf1001
Feb 19, 2020 4:58 AM

CADCHF Short Short

Canadian Dollar/Swiss FrancFXCM

Description

Potential short opportunity on CADCHF. Uptrend is still strong so this is slightly risky, but good R:R ratio if it does work out. What I'm seeing is bearish divergence on RSI along with exahaustion while price is at resistance level. If it breaks the resistance level, there is still the trend line above so be aware of that as well.

Trade closed: stop reached

SL hit, -8 pips
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