CAD/CHF: Bearish continuation trend
Updated
Canadian Dollar/Swiss Franc look very bearish in H2 timeframe. So, as I made an shortly analysis, so we would need to hope in the few minutes if this live price it's a good opportunity to short now CAD/CHF and using Fibonacci retracement. If in H2 timeframe the price closed down with bearish signal, we can to entry to shorting CAD.
Now, I want to talk my improve technical analysis in CAD/CHF, what we see an interesting bearish channel, what if we see very good, it's a good time to short in the bottom of this channel until $0.7260 CHF.
So guys, I will pending in few minutes to know it it's a good time to short CAD/CHF.
Good luck!!!
Now, I want to talk my improve technical analysis in CAD/CHF, what we see an interesting bearish channel, what if we see very good, it's a good time to short in the bottom of this channel until $0.7260 CHF.
So guys, I will pending in few minutes to know it it's a good time to short CAD/CHF.
Good luck!!!
Note
I'm in short from H2 timeframe. CAD/CHF closed down with bearish signal.
I entry around $0.7334 CHF, Stop Loss to $0.7365 CHF (28 pips) and take profit to $0.7260 CHF (76 pips)
Note
We're in profit with 42 pips. i put a break even to $0.7352 CHF.
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