CAD/CHFShort
CAD/CHF SHORT SETUP
Having a very good CADCHF shorting opportunity coming up this week...100+ pip move I believe. Not only do we have this very steep uptrend it hit a major level with a confluence on the daily and 1hr timeframe. On top of all that the Stochastic RSI indicator is showing major divergence. This is probably a 70%+ chance trade with 1:4 RR. I would use 30-40 pip stop loss with 100-125 pip TP. Let is ride and have a 20pip trailing stop.
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