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ahsanakbarlive

Going Short with Hanging man

Short
Canadian Dollar/Swiss Franc (FX:CADCHF)  
ahsanakbarlive  
FX:CADCHF   Canadian Dollar/Swiss Franc
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
1. The chart has defined the LH
2. Hanging man candle spotted
3. bearish trend line is respected
4. 0.5 Fib. the level retracement will be TP2
5. Time Cycle complete in 18 bars on hourly
6. RSI is still in the middle so no divergence is needed
7. ABCD pattern is in play
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