TheRavensForex

CADCHF Buy - major support with tight stop loss

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
CADCHF is sitting on a major support and historical low area. After multiple retests and a month of consolidation, the price continues to bounce in the channel and rise. I expect the price to shoot up soon, reaching the previous high. The stop loss is tight, making this a good opportunity to try.
Comment:
In this scenario, secure the trade and let it run, if it closes at the entry, we call it a day and seek another entry next week.
Happy weekend.
Trade closed: target reached:
Closed at the first target, you can keep it running if you are using a small lot.

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Ideas break out:
t.me/theravenfx
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