CAD/CHF Shortafter a print of the cpi we expect markets to hold back the interest rate hiking expectations. structurally we expect it to complete the wxy pattern on the daily chart.
Cadshortsetup
USDCAD H1 SHORT OPPORTUNITY - BEARISH DOUBLE BARHey traders,
As seen on the H1 charts we see that price has reached the upper green line that I have drawn.
Price looks to be in this channel / flag pattern.
Price immediately reversed and formed a bearish double bar.
THe risk to reward on this trade is 1.65.
We caught a nice 3.4 risk to reward trade yesterday night on the USDCAD.
Let's see if we can catch another nice short today.
Daily trade analysis and ideas:
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