CADCHF-we could catch a huge rally

FX:CADCHF   Canadian Dollar/Swiss Franc
774 5 21
Hello, im closely watching this pair last months.
After the China crisis price reached historical lows (we could have bought there!! but fear was great then)
Looking at monthly chart we can see price is leaving historical lows and a clear wegde

Here on D1 chart:
- Trendline support
- trendline resistance broken and retested
- 0.61 fib retracement
- Strong S/R as support

The fundamentals also support this bias.

It could be a great trade!!

Trade closed: stop reached: stop out, still think its a good opportunity, i will try to buy lower. regards.
This trade coming on well...I am going for .50 fib or .68 will know by then....the point is it is a really good set up. Kudos men again.
FullTimeTrader ImoneyCorp
arg!! my SL was hit, may be it was too small, well, good luck to you
marcus123 FullTimeTrader
got out before stoploss hit; the trade itself still looks good with the diagonal resistance being tested now as support and D1 candle ( at time of writing) forming a nice bullish engulfing...
In on this one. Thanks again! Great work!
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