Cadchfshort
CADCHF possible shortAnalysing on a bigger timeframe, the area of resistance is formed from a price gap (which makes for a strong resistance area), and has been repeatedly tested. To lookout for a bearish formation around this resistance, then wait for confirmation. It's a trade with a great risk to reward ratio
CAD/CHF Ascending channel has been broken. $CAD $CHF $EUR $USDCAD/CHF Price has been broken through the support line of ascending channel. We expect price to go back to support line which then will become resistance. After the price has reached now resistance line price will be going down. This could be great trade opportunity for next week. We are opening short positions putting our SL tight, right over the resistance line.