TDMarkets

Sell CAD/CHF (posted 23/May/2018)

Sell CAD/CHF (posted 23/May/2018)

On May 23, 2018, Posted by , In Uncategorized, By , , With No Comments

CADJPY.png

A Nice selling opportunity has availed itself on CAD/CHF. A head and shoulders formation has matured up and now retesting the broken neckline. Wait for a reversal candle on H1 in the fib zone but it might reverse before making it to that level (so, also keep that in mind). . Place a sell trade after the candle and place the stop loss at priceĀ 0.77769 and your TP atĀ 0.75832. The reason why the stop is a bit wide is to accommodate for a rally should it happen For analysis see attached photo. Posted 16:25>>>>King Yonela>>>>>5/May/2018

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