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VladimirRibakov

Magnet Zone in CADCHF offers a buy opportunity

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CANADIAN DOLLAR / SWISS FRANC (FX_IDC:CADCHF)  
VladimirRibakov  
FX_IDC:CADCHF   CANADIAN DOLLAR / SWISS FRANC
CADCHF LONG buy Trend Lines breakout Cycles
3
0
cadchf long buy trendline breakout cycles
The pair has completed two bearish cycles and it is now pushing up. We are looking to join the bulls after the bullish convergence taht we saw on the H4 chart.

The way to do so is by waiting for a double wave correction on the H1 chart, wait for a breakout of the most recent trend line to form and go long.
Protection should go below 0.7150.
Target - 0.7375.
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