CHF/CAD :::
The price is in an ascending channel and After hitting the ceiling of the channel, lower price floors are being formed than before, that's why we can expect the downward trend to continue until the strongest support .
In higher time frames, the trend changes in the same way.
<<< Good luck >>>
As we can see, the pair broke from a minor descending channel on the 4 Hour time frame, technically indicators showing we can expect higher bullish continuation.
The next resistance level 1.3762 and 1.3893
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR...
WE GOT HERE A NICE POTENTIAL BUY SETUP.
IF WE MANAGE TO CLOSE TODAY ABOVE 1.3220,WHAT I BELIEVE WE WILL,
WE CAN BE LOOKING AT THIS NICE LONG OPPORTUNITY.
YOU CAN TAKE THE GREEN ZONES AS TAKE PROFIT AREAS,
MANAGING YOUR RISK AND LOOKING HOW PROCE REACTS AT THIS AREAS.
