Malika_Analysis
Long

BUY OPPORTUNITY ON CADCHF!

FX:CADCHF   Canadian Dollar/Swiss Franc
Here we go again...

Another buy opportunity and this time on CADCHF .
Daily time frame analysis shows this pair having strong bullish momentum. Price has reached a strong resistance zone where we may potentially see price retrace before moving bullish again.

I will be looking for price to retrace bearish to the 50% Fibonacci level whilst creating bullish divergence . This would be a good opportunity to buy.

Both stoploss and take profit have been marked.
RR = 1:2
Capital risked - 1%
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