CADCHF Short Opportunity

FX:CADCHF   Canadian Dollar/Swiss Franc
Do note that this pair has completed a bearish deep Gartley pattern . See relate link below from Terry. However, there is a chance that price will test the PRZ once more before the big drop.

M15 Crab pattern completing at 0.7717

I am already in a short at 0.7692 with stops at 0.7742 (50pips)
Trade ist aktiv: Take note that CAD news coming up in 15mins time.
Anyways, stops are in place. This news will just be a catalyst to move this pair
Trade ist aktiv: The pair retested the H4 Deep Gartley PRZ and even completed this bearish M15 Crab pattern before it dropped.
Trade ist aktiv: I took another short at the completion of the bearish M15 Carb pattern.

Now just shifted the stop loss to break even for both trades.
Trade wurde manuell geschlossen: Took off some profits (+40pips) on this. There is a smaller bat pattern terminating at 0.7710. Will post this again if I re-enter the trade
Nice trade setup, thank you for sharing your view on this pair. I have same idea as well.
BoonHooi jojofang0901
@jojofang0901, are you using MAs and chart patterns to trade? nice rising wedge on your chart to trigger a short.
Great move on this one
@BoonHooi, I used 50 EMAs and price action patterns when I look for opportunities. Thank you
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