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CADCHF - Bullish Bat Pattern on H4 Chart

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
Quite a drop for CADCHF this week, Swiss news have been rather positive this week compared to Canada.

Not much news for this pair next week, let's focus on this Bat Pattern instead.

  • PRZ acts as a good suppport level
  • Price about to hit PRZ anytime
  • RSI still at oversold level
  • R:R at 1.3 (TP1) and 2.1 (TP2)

Wait for :
  • Signs of rejection at PRZ
  • RSI to show bullish divergence

Happy weekend everyone =)
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