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fxtraderkristina

CADCHF | BULLISH trade OPPORTUNITY 🚀

Long
Canadian Dollar/Swiss Franc (FX:CADCHF)  
fxtraderkristina  
FX:CADCHF   Canadian Dollar/Swiss Franc
Trend Analysis Chart Patterns Fundamental Analysis CAD chf cadchflong cadchfanalysis movingaveragepriceaction Inverted Hammer Bullish Patterns LONG longsetup
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trendanalysis chartpattern fundamental cad chf cadchflong cadchfanalysis movingaveragepriceaction invertedhammer bullish long longsetup
- CAD/CHF is trending towards the upside on multiple time frames following moving averages.
- We are seeing a bullish engulfing candlestick closure on the 4-hour chart, and an inverted hammer pattern on the 1-hour time frame, indicating buying pressure.
- The overall trade setup, has the potential to reach around 100 pips because of a potential monthly resistance re-test.
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