Possible Short Set up CADCHF

We just completed a successful short of FOREXCOM:CADCHF with the possibility of another set up forming around the 0.75245 level. The price level has confluence with the 0.38 Fib level as well. Price may make a put to said level before driving back down completing the weekly target.

Monitor the 4H timeframe when (& if) price nears the 0.75245 level. Be sure to use proper risk management.

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Good luck traders!