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
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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
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Closed at the first target, you can keep it running if you are using a small lot.