Short CADCHF

2019-11-11 12:37:38

Cash sell on rally in CADCHF as it is forming a Head and Shoulder pattern in the 4 hours chart. The pair remains bearish after hitting a tip of the right shoulder at 0.7570. It is likely to continue the southward journey towards the support of the pattern at 0.7480 level.

Trade Information:
Sell : 0.7532
SL : 0.7570
TP : 0.7480
Risk Reward: 1.23