CAD/CHF Bullish Reversal – Key Levels & Trade Setup

19 Mac

CAD/CHF is showing signs of bullish reversal after a strong downtrend.
The price has bounced from a key support level (0.6053) and is forming higher lows, indicating buyer strength.
A breakout above 0.6184 could trigger further upside movement.
Trade Setup & Key Levels:
Entry Zone: Above 0.6129 (bullish confirmation)
Target 1 (TP1): 0.6184
Target 2 (TP2): 0.6225
Target 3 (TP3): 0.6267
Stop Loss (SL): Below 0.6053 (structure support)
Bullish Confirmation Factors:
✅ Break of minor resistance suggests momentum shift.
✅ Reversal pattern forming with trendline support.
✅ Volume increase near the bounce zone.

26 Mac

Nota

Anyone in Norwich catching these CADCHF pips? 🎉 +81 pips and 1:1 target reached on our buy trade! We're expecting more to come, keep an eye on the chart!