Malika_Analysis

FURTHER BULLISH MOMENTUM ON CADCHF

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
I previously marked up this pair stating bearish potential However, price did not meet our entry criteria instead it rallied bullish . Price is currently showing signs of further bullish movement. Before price advances higher, it has potential to retrace to our marked entry point before extending.

Entry, stop loss and take profit levels have been marked. Should price move to TP1 , you should be scale out majority of your position and move the running position's stop loss in profit.

Do not risk more than 2% on this trade.
Trade active
Trade closed manually: Close trade at -46 pips, momentum has shifted bearish.