CADCHF (06/05/2019) 16:16

CADCHF (06/05/2019) 16:16

On May 6, 2019, Posted by , In Uncategorized, By , , With No Comments

CADCHF.DMAH4_.png

Short the CADCHF at price 0.7563 with a SL 0.7598 with a TP at price 0.7480>>>The analysis was carried out on the H4 chart. The market has formed a double-top-like structure. It has broken the ascending trend line. It is currently in the Fib zone, however, we have gone in with a wide stop loss to make up for times in which the price might rally upwards>>>>>>The price is seemingly attempting to close the gap that formed earlier on. This also coincides with the previous structure.

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