CADCHF Looks Ready to Head Higher on Daily Chart

We have a confluence of factors: price at 50 SMA, which is also the 50% Fibonacci retracement from the swing low to swing high, which is also a previously established support level, all reinforced by what could be regarded as a bullish checkmate candlestick pattern. So, I'm long CADCHF at 7976, with a stop at 7902 and a target profit at 8300.