POTENTIAL SHORT TRADE SET UP FOR CADCHF

Hello Bosses,

The price is at the top of the HTF corrective structure. We have a double top right there with a massive impulsive wave to the downside which was followed by a right shoulder corrective structure on the ascending structure trendline support. The price has broken out of the ascending structure and the corrective structure and we do have a smaller continuation structure to send the price lower.

You can give it a shot if this fits your trading plan.

⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future results. Trade Responsibly!