Long signal in the CADCHF

Remember last week I analyzed the CADCHF? Today we have the same market condition: bullish.

Therefore I’m only considering long opportunities in the CADCHF.

Here is the signal (pending order):

CADCHF Analysis

Order details:

Entry order (stop entry): 0.9502
SL: 0.9431
TP: 0.9818

Remember it still is a pending order, it needs to break the short term resistance level in order to get activated.

Now, there are no banks in the US & Canada opened today, so don’t expect too much volume!

What do you think of this trade?

Have a great week ahead!

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Raul Lopez

I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .