CAD/CHF
Short

CADCHF - Technical Analysis [Short Setup]

58
🔹 CADCHF Analysis on 1HR chart
- The current Trend is Bearish
- Bullish divergence is present
- First we short to point D which is reversal zone, if trend reverse then we long
- AB=CD pattern is form

🔹 Trade Plan
- Entry Level = current
- Stop Loss = 0.62444
- TP1 = 0.61860
- TP2 = 0.62135

🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2

🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR

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