There is one level that I’m watching closely in the CAD/CHF on the 4-hour chart:
62% Retracement, 0.7752
A pullback to the 0.7752 area will provide a pretty solid entry to the bull. Here's the trade:
1) Buy CAD/CHF @ 0.7755
2) Stop Loss @ 0.7723
3) Profit Target @ 0.7787 (1:1 risk vs reward)
62% Retracement, 0.7752
A pullback to the 0.7752 area will provide a pretty solid entry to the bull. Here's the trade:
1) Buy CAD/CHF @ 0.7755
2) Stop Loss @ 0.7723
3) Profit Target @ 0.7787 (1:1 risk vs reward)