Trade Plan for CAD/CHF - Seizing Bullish Divergence:
Trade Objective: To capitalize on the bullish divergence in CAD/CHF with a lower high (LH) breakout for an upward push to new highs.
Follow Us for More: Join us for real-time trade updates, insights, and strategies.
. Analysis: CAD/CHF, D1/H4 charts, bullish divergence in a consolidating market.
. Entry: Enter on the candlestick close following LH breakout.
. Risk Management: Set stop loss below the recent low, risk no more than 1-2% of your capital.
. Execution: Set take profit using technical analysis tools or resistance levels.
. Monitoring: Continuously track and consider adjusting the stop loss.
. Exit: Exit at the take profit level or if a trend reversal occurs.
. Follow Us: For more trading insights and updates, follow us!
Trade wisely, manage risk, and stay informed for successful trading.