Technician

Republishing Some of My Favorite Trades : CADCHF (Untouched)

FX:CADCHF   Canadian Dollar/Swiss Franc
442 4 4
A combination of pattern breakout and trend line breakout. The price could be forming a bottom following the breakout above the neckline of the Inverse head and shoulders pattern and the long term falling trend line .
The price is approaching 0.8212 swing high and potential horizontal resistance, where we might see a pullback from there for a retest of the broken trend line , neckline, which would be an optimum long entry around 0.8080-0.8100, targeting 0.8210 as first target, 0.8335 second and an aggressive one at 0.8525. I would limit my risk to 0.7960.

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My best regards,
Technician
binaryoption
2 years ago
bro pleaase do you have account with myfxbook.com?????
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Technician TOP binaryoption
2 years ago
Nope, sorry
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Woozaa
2 years ago
well played:-)
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Technician TOP Woozaa
2 years ago
:)
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