CADCHF Short Daily/4 Hour

Nov 25, 2018

The CADCHF is in a massive weekly triangle. Within this, price on the daily broke out of its own triangle to the downside and has now made a 3 candle pullback into the MA and resistance. On the 4 hour this has manifested as nice bear flag. It may go down from here and has the potential to hit the lower weekly trend-line.

Dec 11, 2018

Trade closed: target reached