CAD/CHF is showing signs of bullish reversal after a strong downtrend.
The price has bounced from a key support level (0.6053) and is forming higher lows, indicating buyer strength.
A breakout above 0.6184 could trigger further upside movement.
Trade Setup & Key Levels:
Entry Zone: Above 0.6129 (bullish confirmation)
Target 1 (TP1): 0.6184
Target 2 (TP2): 0.6225
Target 3 (TP3): 0.6267
Stop Loss (SL): Below 0.6053 (structure support)
Bullish Confirmation Factors:
✅ Break of minor resistance suggests momentum shift.
✅ Reversal pattern forming with trendline support.
✅ Volume increase near the bounce zone.
The price has bounced from a key support level (0.6053) and is forming higher lows, indicating buyer strength.
A breakout above 0.6184 could trigger further upside movement.
Trade Setup & Key Levels:
Entry Zone: Above 0.6129 (bullish confirmation)
Target 1 (TP1): 0.6184
Target 2 (TP2): 0.6225
Target 3 (TP3): 0.6267
Stop Loss (SL): Below 0.6053 (structure support)
Bullish Confirmation Factors:
✅ Break of minor resistance suggests momentum shift.
✅ Reversal pattern forming with trendline support.
✅ Volume increase near the bounce zone.
Note
Anyone in Norwich catching these CADCHF pips? 🎉 +81 pips and 1:1 target reached on our buy trade! We're expecting more to come, keep an eye on the chart! 
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📈Forex Telegram Alerts
🥇95% Accurate Signals
♻️1-2 Daily Signals
✔️Free Daily Profitable Signals
⤵️‼️Join us on Telegram‼️⤵️
📱Telegram:➡️ t.me/ultreos_forex
Website:- ultreosforex.com/
🥇95% Accurate Signals
♻️1-2 Daily Signals
✔️Free Daily Profitable Signals
⤵️‼️Join us on Telegram‼️⤵️
📱Telegram:➡️ t.me/ultreos_forex
Website:- ultreosforex.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.