Snehath

The big short on CADCHF after the 170 pips profit long

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FX:CADCHF   Canadian Dollar/Swiss Franc
Earlier this week, I called for a long on CADCHF at 0.7530 region. The pair responded to the harmonic pattern and rose 130 pips to date.

Once it hits 0.77 we are going to look to short. Here are my reasons

1) Gartley pattern

2) Weekly structure

3) Oil hitting $50 and we may see a big short on CAD

If this works out, I will target the huge gartley on D1 at 0.7350.

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