CAD/CHF: Long position, break out

Telah dikemas kini
Candian Dollar/Swiss Franc formed a bearish channel in H4 timeframe and made this break out and pull back in the H4 timeframe

syot kilat

syot kilat

This it's the Daily timeframe and we supported the zone of $0.7400 CHD like key support strong in Daily chart as bull continue climb the price.

But now, in H1 we pass the pull back confirmed and I think that CAD/CHF will go bulish now.

I entry right now in the price of $0.7471 CHF, Stop Loss to $0.7445 CHF (24 pips) and target to $0.7552 CHF (83 pips)

I hope that this analysis support you!!!

Good luck!!!



Nota
Update, we're ok.

syot kilat
Beyond Technical AnalysisbreakoutCADCHFChart PatternsDescending ChannelExponential Moving Average (EMA)priceactionanalysispullbackTrend Analysis

Juga pada:

Penafian