CADCHF SELL - HEAD AND SHOULDER FORMATION ON 4HR

I exited my previous Long position for 30 pips.

I can see a possible head and shoulder forming on the 4HR chart. This looks like a convincing short as the right shoulder lines up nicely on the 61.8 fib level, and also on a mini 4 hr trend line.

I will enter a short @ 0.6940....SL@ 0.6955

I will ride this for a small profit of another 30 pips.

If you catch this train.....enjoy the ride.