Roker1
Long

Long opportunity on CADCHF!

FX:CADCHF   Canadian Dollar/Swiss Franc
Hi guys,

as you can see, the yellow box represents a good structure level that seems to be holding price above it. On the daily chart the price has gone oversold at the first touch of the zone and it's now creating a nice divergence on the 4H along with a double bottom . These are all signs that add together and that give me confidence about this trade. Please, make sure you use your own head, this is a counter trend trade, could be risky!
My entry is at the blue line, targets and stops as shown.

If you have ideas/questions, feel free to write below.
Otherwise, see you in the next chart!
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM

If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw

Comments

Bought the dip :) GL , thanks for posting
+1 Reply
Roker1 Sharecrazy
@Sharecrazy, welcome! GL
Reply
So close to getting stopped out , needs to bounce soon
Reply
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