CAD/CHF: Long position, break out

Candian Dollar/Swiss Franc formed a bearish channel in H4 timeframe and made this break out and pull back in the H4 timeframe

This it's the Daily timeframe and we supported the zone of $0.7400 CHD like key support strong in Daily chart as bull continue climb the price.

But now, in H1 we pass the pull back confirmed and I think that CAD/CHF will go bulish now.

I entry right now in the price of $0.7471 CHF, Stop Loss to $0.7445 CHF (24 pips) and target to $0.7552 CHF (83 pips)

I hope that this analysis support you!!!

Good luck!!!

Comment:

Update, we're ok.