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FloPinguin

CADCHF long idea (S&R + channel + candlestick)

Long
CAD/CHF (OANDA:CADCHF)  
FloPinguin Updated   
OANDA:CADCHF   CAD/CHF
Support and Resistance Parallel Channel Candlestick Analysis
1
0
supportandresistance parallelchannel candlestick
I think CADCHF will reverse upwards. Price is approaching support, a bullish pin bar has formed and there is a nice parallel channel visible.
TP: 0.75869
SL: 0.75538
Trade closed: stop reached:
Hit SL. Entry was not safe enough. I should have avoided this trade.
Comment:
After hitting the SL now the price runs like I wanted it ...
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