Vitaminhovers

CADCHF SELL SETUP

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FX:CADCHF   Canadian Dollar/Swiss Franc
Cadchf has broken the channel and it has already retested the trendline. On retest it show very good rejection. As it can be seen in the chart below:

THe second thing that gives me confidence about selling at this point is the head and shoulder formation which has been confirmed by the breakout of neckline and retest.

I have placed a sell here and I have my tp in the red box as it can be seen in thee first chart. Sl depends on you. FOLLOW AT YOUR OWN RISK
Dagangan ditutup: hentian tercapai

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