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VladimirRibakov

CADCHF Sell Idea

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Canadian Dollar/Swiss Franc (FX:CADCHF)  
VladimirRibakov  
FX:CADCHF   Canadian Dollar/Swiss Franc
Trend Analysis CADCHF SELL range lasthigh correction bearishdivergence Trend Line Break
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trendanalysis cadchf sell range lasthigh correction bearishdivergence trendlinebreak
D1 - Price is moving inside the daily range and the top was respected.

As long as the last high is holding we can expect a down move from the top of the range.

Currently we have a correction and we can expect to see a further down move once this correction is over.

H4 - We have an uptrend line and also there is already bearish divergence. We will start looking for sells, once we get a break below the trend line.
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