With reference to our previous analysis about
CADCHF
, The trade wend in bullish direction but after that it was closed mannualy due to bearish movement. Previous analysis can be accessed here...
Now it again reached to our multilevel area i.e A strong support, June 2018 High (Black line) and Daily Support (Black Dashed Line), where an inside bar had been formed which is enough to go bullish few pips above that inside bar.
Signal
Buy Stop @ 0.7505
SL 0.7470
TP 0.7575
If The price retrace from 0.7536 area and form a candlestick pattern then we will check and close the trade mannually other wise leave it for TP/SL
My each risk is 2% of my account.
My lot size for this trade 0.08
Risking pips 35
Rewarding Pips 70
patience is necessary.
CADCHF
, The trade wend in bullish direction but after that it was closed mannualy due to bearish movement. Previous analysis can be accessed here... 
Now it again reached to our multilevel area i.e A strong support, June 2018 High (Black line) and Daily Support (Black Dashed Line), where an inside bar had been formed which is enough to go bullish few pips above that inside bar.
Signal
Buy Stop @ 0.7505
SL 0.7470
TP 0.7575
If The price retrace from 0.7536 area and form a candlestick pattern then we will check and close the trade mannually other wise leave it for TP/SL
My each risk is 2% of my account.
My lot size for this trade 0.08
Risking pips 35
Rewarding Pips 70
patience is necessary.
Trade active
Trade closed manually:
the price moved uncertainly up and down therefore closed mannualy with about 10 pips loss accepted.
