BasKoek

CADCHF Long

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FOREXCOM:CADCHF   Canadian Dollar / Swiss Franc
We ran the lows and rejected causing break of structure to the upside.
Price retraced to the LL causing the BOS, should see a reaction of here to start taking out the equal highs above.

If this trade doesn't pan out, there is still a lower LL at $.73 that they could run down into, but I find it unlikely.

Decision of Power
www.decisionofpower.com
Komen:
The initial entry go stopped out, but I went back in on the LL retrace and as you can see price went up to the target above the Equal highs.
Penafian

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