Get started
Simple_FX_

CADCHF: Break lower - wait for the retests

Short
Canadian Dollar/Swiss Franc (FX:CADCHF)  
Simple_FX_  
FX:CADCHF   Canadian Dollar/Swiss Franc
Trend Analysis Chart Patterns CAD chf short Bearish Patterns
1
0
trendanalysis chartpattern cad chf short bearish
Good Morning,

A very bearish morning for CAD/CHF as price has fallen from the descending trendline and seems to have broken the key level of support, I will be waiting for a retest of the support now turned resistance before looking for a short entry.

My view of what could happen is laid out on the chart as simply as possible.

Let me know what you think!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.