Short On CAD/CHF SELL SELL SELL !!!
Reasons for
-Firstly as we can see on higher time frames we are down trending
-We have come to our key level at 0.75000 and shown a strong level of RES numerous times
-Also our Fibonacci Lines up perfectly with our key level which price has reacted to at 61.8% level
-Now the retrace is over we can look to go short !
-Also We are in a corrective structure ! selling the break of the channel would be the best thing to do if you want to be conservative !
-Also the overall look of price action in this area is very bearish
If we go to the daily we have been in a area of congestion at 0.7500 which gives me we are ready for the last impulse to the down side
Trade with care with guys
1-2% Risk :)
-Firstly as we can see on higher time frames we are down trending
-We have come to our key level at 0.75000 and shown a strong level of RES numerous times
-Also our Fibonacci Lines up perfectly with our key level which price has reacted to at 61.8% level
-Now the retrace is over we can look to go short !
-Also We are in a corrective structure ! selling the break of the channel would be the best thing to do if you want to be conservative !
-Also the overall look of price action in this area is very bearish
If we go to the daily we have been in a area of congestion at 0.7500 which gives me we are ready for the last impulse to the down side
Trade with care with guys
1-2% Risk :)
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.