Malika_Analysis

FURTHER SELLING POTENTIAL ON CADCHF

Short
Malika_Analysis Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc
Hi Guys, hope you all had a great weekend and are well in your health.

I am looking at CADCHF for a potential further push down bearish. Before price moves bearish, we may see price retrace creating a great opportunity for entry. Entry, stop loss and take profit levels have been marked.

Between take profit levels 1 and 2 , you would be looking to scale out majority of your position at level 1, move your stop loss of the remaining position into profit and let it run risk free.

Do not risk more than 2% on this trade.
Order cancelled:
price did not move to marked support at 0.68716, so this trade was not taken. Trade manually cancelled.

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