Canadian Dollar/Swiss Franc

CADCHF - 3 EASY Trades!

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In one of our earlier analysis, we posted a massive short where we banked over 900pips!

Now that the bearish trend has completed, we are now in bullish territory.

CADCHF is currently in a big bullish ABC correction. Wave B tends to be a complex one and that is what we are currently focusing on.

We have 3 trades lined up for CADCHF.

Trade 1.
- watch for price to complete current retracement
- Entries are valid anywhere below the highs
- Watch for break of the retracement for continued weakness
- Stops above highs
- Target: 0.664 (150pips)

If this post gets enough engagement, we'll update how to enter with confirmations for trade 2 and 3.

Goodluck and as always, trade safe!

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