Ambipath

Trading Three Drives Pattern On Daily CADCHF

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
FX:CADCHF

Looks like a perfect entrance time to trade this pattern. Ideally price should go down all the way to 0.7150 but I am going to keep it conservative and put the take profit level near the bottom of the daily channel the price has been honouring.
Trade closed: target reached: Nicely done!

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