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UnknownUnicorn932398
Apr 29, 2017 5:32 AM

Going Long on CAD/CHF Long

Canadian Dollar/Swiss FrancFXCM

Description

This is my first post, so please forgive me for any mistakes. CAD/CHF seems to be in a channel for a while now. It is having trouble breaking the channel. If it returns back up the channel I'm going long until a resistance area or you could hold until the top of the channel. Getting around 2.5:1 minimum on the trade. Please trade at your own risk. Happy trading :).

Comment

MACD is showing Divergence and Stoch RSI is in oversold range to support the idea.
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