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ForecastCity
Mar 20, 2020 3:09 PM

Don't miss the great buy opportunity in CADCHF Long

Canadian Dollar/Swiss FrancFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6820). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CADCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.

Take Profits:
TP1= @ 0.6940
TP2= @ 0.7123
TP3= @ 0.7265

SL= Break below S2
Comments
Waliur123
Entered this trade, hopefully it works out
ForecastCity
@Waliur123, Thanks for your comment. we hope you make maximum profit out of it.
Waliur123
Never mind
sara-kian-fx
Awesome setup, lets see how the chart works for you!
ForecastCity
@sara-kian, Thanks for your comment. we hope you like it.
Pro_Trader_007
Awesome setup
ForecastCity
fxniki
It really looks like a great long opportunity. I'll do my best not messing this one. ;)
ForecastCity
@fxniki, We wish you all the bests. :)
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