Canadian Dollar/Swiss Franc
Panjang

BUY OPPORTUNITY ON CADCHF!

Here we go again...

Another buy opportunity and this time on CADCHF.
Daily time frame analysis shows this pair having strong bullish momentum. Price has reached a strong resistance zone where we may potentially see price retrace before moving bullish again.

I will be looking for price to retrace bearish to the 50% Fibonacci level whilst creating bullish divergence. This would be a good opportunity to buy.

Both stoploss and take profit have been marked.
RR = 1:2
Capital risked - 1%

Penafian