Another buy opportunity and this time on CADCHF .
Daily time frame analysis shows this pair having strong momentum. Price has reached a strong where we may potentially see price retrace before moving again.
I will be looking for price to retrace to the 50% Fibonacci level whilst creating . This would be a good opportunity to buy.
Both stoploss and take profit have been marked.
RR = 1:2
Capital risked - 1%