Canadian Dollar/Swiss Franc
Short
Updated

CADCHF Short

74
Market gap provided a nice opportunity for short position with a tight SL
Note
Price tapped region of previous wick high, has now returned to pivot, anticipating short
Note
Price has rejected the pivot point, and we are currently running 30 pips as we fill the gap.

Stops have been placed at entry - making this a risk free trade to swing short.

This is important as there is a possibility that price will reverse from the green zone to form an inverse H&S
snapshot
Trade closed manually

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.