Cadchflong
CADCHF - Up-trend broken to the downside | 1:3 RR Short📢CADCHF 4H - Technical Breakdown
📈Price action has successfully broken through the clear up-trend and has since re-tested the prior support.
📈A short opportunity from the current market price presents a 1:3 RR trade aiming to bank 150 pips down to the highlighted support at 0.67300.
CADCHF. Price will return to a key level.Hi guys and ladies.
The price has broken a key level,
but this is temporary,
because it is already returning to its target at 0.69000.
Good luck to you.
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This idea does not provide the financial advice.
CAD CHF will continue in line / short & longCAD CHF will continue short downtrend at first movement, then it will rais upward and goes uptrend.
So if you decide to take short position at the beginning of movement, just start selling with putting STOP LOSS at the top of the resistant line,
But if you prefer a long position use buying after it moved to the bottom of the movement at the near place of support line. Dont forget to use stop loss.