Canadian Dollar/Swiss Franc

Long

CADCHF: Bullish Accumulation

By VasilyTrader

Updated

snapshot

Classic example of a bullish accumulation on CADCHF.
The pair set a nice sequence of higher lows and equal highs on a daily.

0.706 is the resistance based on equal highs.
Wait for its breakout.
It will be a strong bullish signal.

Then buy aggressively or on a retest.
Your first goal will be 0.715

Comment

Check my new idea on EURJPY:

EURJPY: Classic Structure Trade

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