LNY_Trader

CADCHF has sell opportunity

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
Hey there,
In weekly timeframe price touched the blue line much time

In daily timeframe, we consider it as a powerful support resistance zone.

Hourly chart we waited for the perfect entry

Then we got an-------( head and shoulder)------- pattern

An buyers can not push the upside.......

That means sellers are preparing to make the trend bearish,,,,,,,

We can sell in this zone (. 67777 ---0.67690)

TP ---1 =========0.67350
TP ----2 =========0.67050
TP ----3 =========0.66440


Take a better risk management........
I consider SL would be 0.67970

Be happy,😁😁
goodLuck🤗🤗
CADCHF
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