rludvik

CADCHF - possible short

Short
rludvik Updated   
FOREXCOM:CADCHF   Canadian Dollar / Swiss Franc
Let's see CAD data, coming in 2h30 and prepare for it. There is this "decision area" between 0.6950 and 0.6980. Harmonic and MACD divergence are pointing to shorts. I expect more volatility when data will come, so I'll try to be at computer at that time, see what will be going on minutes after it and trigger the trade, if will look promising. Aiming for TP1 for starters. SL will depend on entry, but somewhere above D point should do the trick.

4h chart for bigger picture:

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade active:
Small short triggered.
Comment:
Will try to add to shorts around 0.6985 level.
Comment:
1/2 half hit target, the rest will leave running.
Trade closed manually:
The other 1/2 closed by hitting SL in profit.
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