Canadian Dollar/Swiss Franc
Short
Aggiornato

CADCHF POTENTIAL SHORT OPPORTUNITY

223
Hello Everyone!

How are you all?

CadChf is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.

So, I will be looking for a bearish continuation because of the following reasons:

1. The trend is bearish.

2. The price has formed a continuation structure and it has approached the value area correctively.

3. There is a sell impulse out of the reversal structure

Game Plan:

If the price forms a 15mins flag with two highs and lows,

Entry : will look for a risk sell entry within the flag or a reduced risk entry on the breakout of the flag.

Trade attivo
Nota
One more push down.

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