Get started
hassamsaeed

GOING SHORT IN CADCHF BY TRADING STRATEGY #2

Short
Canadian Dollar/Swiss Franc (FX:CADCHF)  
hassamsaeed  
FX:CADCHF   Canadian Dollar/Swiss Franc
Trend Analysis Support and Resistance Trend Lines lowerhigh cadchfshort Shooting Star trendlinetrading cxyshort sxylong
4
4
trendanalysis supportandresistance trendline lowerhigh cadchfshort shootingstar trendlinetrading cxyshort sxylong
Bearish Indications
1. Lower Highs and Lows
2. CXY is bearish & SXY is bullish in 2H TF
3. No Divergence
4. Shooting Star at LH
5. Trend line not broken

Bearish Indications
1. Trend is Mature Enough
2. On Larger TF it almost completes Bullish ABCD Pattern

Indices on 2H TF
DXY => Bearish
JXY => Bullish
ZXY => Bullish
AXY => Bullish
EXY => Bullish
CXY => Bearish
SXY => Bullish
BXY => Bullish
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.