Canadian Dollar/Swiss Franc

CADCHF (Daily): LONG OPPORTUNITY on the ASCENDING CHANNEL!

137
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis, support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!

Since August 2020, the price has been following a clear uptrend, bouncing many times on the channel's dynamic support.
The price just reached the dynamic trendline resistance and the price action around this zone will be helpful to understand the next market's movement.
IF THE PRICE WILL BREAK the dynamic resistance, you might consider the following trade details on the pullback:
(This is a daily chart trade and you could get many days before getting the suggested target).

ENTRY POINT: 0.69262
TAKE PROFIT: 0.70878
STOP LOSS: 0.68543
RISK/REWARD RATIO: 2.25


Stay tuned for updates!
What's your opinion? Share your idea writing a comment!

Trade Safe and Responsibly
Gianni

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.