TheGoldRoom

CADCHF BEARISH SWING OFF RESISTANCE?

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
Pair: CADCHF
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, consolidation
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Key Takeaway: We have seen the level of resistance we are now at hold for a few weeks and price cannot seem to break it. If we close below round number and high volume level then we will be entering short
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Level needed: need a close by 0.74470
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Trade: Short
RISK:REWARD 1:5
SL: 15
TP: 75
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