CADCHF Continuation

Jonathan Kibbler, September 20th, 2017

Traders, CADCHF was brought to our attention as it came and re-tested a weekly support zone and formed a double bottom on the 1hr timeframe. We waited from the break of the neckline before looking for an opportunity for a move to the upside. We will look to add in if we get a confirmed break of the previous daily high circled. Target the resistance at the top.

Jonathan Kibbler

About the author: Jonathan has been professionally trained by two hedge fund managers in London and has grown a strong passion for financial markets. His trading strategy combines Daily, 4HR and 1HR charts with top down analysis to generate trading ideas.



Disclaimer: Trading involves the risk of loss of capital and is not suitable for everyone. As many companies provide high leverage you should be aware you could lose substantially more than your initial investment. The content of this post should only be considered a guide. Views, opinions or content contained is purely the opinion of the author. It is provided solely for information purposes and does not constitute investment advice or a solicitation to trade or invest. Previous performance is no guarantee of future performance. You should carefully consider the inherent risks, your financial situation, your investment objectives, level of experience, and risk appetite. You should ONLY risk capital you can afford to lose. It is imperative you should seek advice from an independent financial advisor if you have any doubts. Although every effort has been taken to ensure that all content included is correct, we cannot guarantee its accuracy.

Spread bets and CFDs are leveraged products and can result in losses that exceed deposits. Please ensure you fully understand the risks and take care to manage your exposure. Learn to trade