CADCHF: Potential Pullback Trade Explained 🇨🇦🇨🇭
Updated
CADCHF is approaching a key level.
To catch a pullback from that, watch a triple bottom formation on 1H.
0.679 - 0.6796 is its horizontal neckline.
Your confirmation will be its bullish breakout (hourly candle close above).
Then buy aggressively or on a retest.
Targets: 0.681 / 0.6822
If the price sets a new low, the setup will be invalid.
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Trade closed: target reached
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