CADCHF. Short opportunity.

20 Ağu 2018

Another good setup we have here. Price broke an ascending trend line, indicating a change of trend. Price proceeded to retest the trend line and it found resistance. We also have a potential Head and Shoulders, with the right shoulder getting rejected at the 61.8 fib, with a double top. Despite the results that will come, this is a good trade. win or loss.