CADCHF bounced off of strong support that is holding for sometime already and if you took the trade at the support line marked with yellow circle the well done but for those who have not then here is how we could get involved: 1st we wait for the price to come back to the support as i draw it on the chart with 4:1, 5:1 reward/risk ratio or if the price push higher...
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cadchf is most likely to go down because of the strong resistance above.
CADCHF seems to have yet again reached a low, great chance to take some cash in a good longterm low multi buy have fun buyin CC safe trading i do not take any responsability
CADCHF has been on this wave since the swiss federal bank dropped the euro min value. now we are approaching the top of the current swing. look out for that at least 0.79 better 0.8 to enter a sell in CADCHF. i expect the sell to last for about 3 months. ep: 0.801 sl: 0.81 tp: 0.73 aprox 600pips go for a low Multiplyer as it is a long trade to minimise the risk...
I just found this W-Pattern. I think there is not a huge drop due to solid Support. Manage your risk. I do not take any responsibility. Have a good Trade.