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anax75
15. Dez. 2016 12:19

long swing trade on cadchf Long

Canadian Dollar/Swiss FrancFXCM

Beschreibung

Inverted head and shoulders pattern on the weekly chart of the cad/chf pair.
After a downtrend that's been going on for the last 4 years, the price is currently at the neckline level and the pattern is almost completed.
A reversal is to be expected but will price action follow through and give us a breakout of almost 900 pips and restore the pair's levels to what they were before the unpegging of the swiss franc?
Kommentare
Telson
Great spotting!

Lets wait is out.
anax75
@Telson, thank you! I know I will:)
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