Technician

CADCHF: Shorting At Potential Reversal Zone!

Kort
FX:CADCHF   Canadian Dollar/Swiss Franc
23
Update: 1st Target reached without triggering entry... Trade cancelled.
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-A harmonic Gartley on the daily chart with an ideal ABCD pattern
-Multiple Pin Bars at the potential reversal zone of the pattern
-Triple top on the four-hour chart
-Bearish divergence on the four-hour chart

Lets see how this one goes mates, Trade Safe, and Best of Luck ,
Join me at twitter.com/thefxchannel
Also at my Facebook page www.thefxchannel.com
My best regards,
Technician

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Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
Notes:
1) If 90 percent of first target is reached I move stop loss to breakeven.
2) If 90 percent of first target is reached without triggering entry I cancel the trade.
3) Remember: Losing is a main part of the game
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