PercentageOverPips

CAD/CHF Wyckoff Buying Opportunity!

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
Possible long term buying opportunity in CAD/CHF very soon! As you can see from the chart we have a type 2 Wyckoff Accumulation Schematic that played out perfectly after coming into a major point of interest. Price has now come all the back back down to possibly test the whole schematic and to pick up any more institutional orders left at those levels. We have recently seen a strong push up in price which caused a break of structure, therefore leading us to believe that we could be taking a turn around. If this is the case the confluence on this trade would be ridiculous! Im waiting to see price come down to the zone drawn in blue before looking for structure shift on the lower timeframes. If price does turn around here the upside is massive and there is a lot of money to be made!!

Feel free to leave any comments about the idea!
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