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PipHike
Aug 29, 2019 11:08 PM

Go Short as CADCHF Consolidates Below Trend Line Short

Canadian Dollar/Swiss FrancFXCM

Description

In the daily chart, we can see that the CADCHF has been consolidating after breaking the support trend line earlier this month. It is now testing the support-turn-resistance trend line again after a 160-pip rally from 0.7266. This provides a good opportunity to sell on a pullback.

Trade active

Trade closed: stop reached

Comments
Bullandbeartrading
I like your very strong trendlines !
PipHike
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