CAD/CHF:short position
Canadian dollar/Suisse Franc look besrish in this side in H1 yimeframe. I put a sell order limit to $0.7480 CHF ,Stop Loss to $0.7501(21 pips) CHF and take profit of $0.7423 CHF (56 pips).
Also, I share the H4 timeframe that CADCHF broker down the uptrend line and we're I this corrección in the market. Also we forming a bearish channel in this timeframe what we could to gind up good opportunity itu to short Canadian Dollar.
I hope that this idea support you.
Remember, FED will make a news about interest rates decision and traders expect that this news becomes bullish in USD.
Good luck!!!
Also, I share the H4 timeframe that CADCHF broker down the uptrend line and we're I this corrección in the market. Also we forming a bearish channel in this timeframe what we could to gind up good opportunity itu to short Canadian Dollar.
I hope that this idea support you.
Remember, FED will make a news about interest rates decision and traders expect that this news becomes bullish in USD.
Good luck!!!
Trade closed manually:
This drop what I expect show a wick of rejectin in H4 timeframe that I change my short for long in CAD/CHF, i update my new analysis in CADCH.
