CADCHF Descending Triangle

Updated
We can capture a day trade with the small breakout about to happen.

Like and comment if you find value in our analysis.

Feel free to post your ideas and questions at the comments section.

Good luck

Credit: FxFogy

NOTES:

- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.

Best Regards.
Trade closed: target reached
snapshot

Price pushed 5 times towards our target and 4 times to our stop. Finally decided to hit the profit after giving us a hard time.
Trade closed: target reached
snapshot

Closing all at the second target with 4.12% profit in total
Chart PatternsTriangleWedge

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