Long CADCHF
Confluence for this trade :
Technical :
- H4 trendline broken + retest
- Retest on a swing area and also the MA100 in H4
- the lower price did a nice double bottom with divergence RSI
Fundamentals :
- Last inflation data in Canada was higher than expected. (the inflation broke a 6 months loosing trend)
- On the other hand, in Switzerland, the inflation rate is on a loosing trend.
Technical :
- H4 trendline broken + retest
- Retest on a swing area and also the MA100 in H4
- the lower price did a nice double bottom with divergence RSI
Fundamentals :
- Last inflation data in Canada was higher than expected. (the inflation broke a 6 months loosing trend)
- On the other hand, in Switzerland, the inflation rate is on a loosing trend.
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