Flag breakout idea-CADCHF Long

Canadian Dollar/Swiss FrancFXCM

Description

⋅ Jul 24, 2017 11:04 PM

Weeks ago this pair broke bearish daily trend. As we see in the chart, price is showing an eliott wave structure. What we see here is a common flag correction of this prime bullish structure. Breakout has done, so we can expect a bullish movement.

Trade closed: target reached

⋅ Jul 26, 2017 9:49 PM