CADCHF: SELL

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Rush of blood led to my premature entry into CADCHF pair with a SELL stance. Entry should have been at current levels. However it is showing a good picture of reversal of bullish into bearish trend. Right now I am in loss in this trade but I am confident that it will continue its bearish trend and my loss will be converted into profit soon.
Entry: 0.73701.
Stop loss: 0.74207.
Nota
In this post each R stands for support and each S stands for resistance.
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Yahoo. In profit now
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Trailed stop loss down
Trend Analysis

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