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GeorgeZii
Aug 7, 2020 10:46 AM

Bullish Flag on CADCHF Long

Canadian Dollar/Swiss FrancFXCM

Description

Not very volatile pair but this doesn't mean we shouldn't pay attention on how it moves. Recently, we saw the price reaching major support level, from where we noticed strong bullish rejection from the buyers. Price went up a bit and now it's forming a bullish flag while it needs to correct itself in order to keep up with the bullish trend. I feel ambitious we can see major uptrending swings on this pair so that's why I aim the -61.80% of the past swing. Happy trading fellows!
Comments
InkyGrip
Nice one! Upvoted!
GeorgeZii
@plancton0618, Hope it helps your trading! :)
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