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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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.