VIP - CADCHF - SHORT

Why are we entering?
- Expecting CAD weakness soon

What is our confirmation?
- Rejection of sell zone where we have our fibs
- break of WFB

Entry
- Safe Entry: rejection of sell zone and then WFB
- Risk Entry: rejection of fib. Risk trendline once we reach sell zone

Once entered, where will our Stoploss be?
- Above price once WFB breaks

Where do we take profits?
First TP: 0.712 (250pips)
Second TP: 0.69 (450pips)
Third TP: 0.65 (700pips)