CAD/CHF: Update!!!
Updated
In this analysis from Friday and very update, we see that Canadian Dollar/Swiss Franc continue to my led direction in the upside. So, I see that H1 timeframe look strong bullish. The only udpate will be to put a break-even in $0.7304 CHF. That it's to cut loss like 12 pips what I enter $0.7316 CHF. What in this moment, I have 34 pips in profit. And move the target profit toward $0.7390 CHF. If CAD/CHF hit my target profit, my result will be 74 pips in earnings.
Now, watching in H4 timeframe still bullish, and taking a good point what I bought!!!
Now, I believe that CAD/CHF it's leading to the top of this higher low line that I draw. in 2 times, made a higher low in the price. What I thought that it's in the reaction that the price drive us.
So, this it's a good opportunity to look!!!
***Now, on this wednesday, we have impotant event to watch like
1. FED Interest Rate Decision, what U.S. Central Bank expect to raise 4% as they forecast, vs. the previously 3.25%.
Also, we have another event to watch during this week like rates in Bank of England interest rate desicion, and many other important event to watch in Forex market.
Good luck!!!
Now, watching in H4 timeframe still bullish, and taking a good point what I bought!!!
Now, I believe that CAD/CHF it's leading to the top of this higher low line that I draw. in 2 times, made a higher low in the price. What I thought that it's in the reaction that the price drive us.
So, this it's a good opportunity to look!!!
***Now, on this wednesday, we have impotant event to watch like
1. FED Interest Rate Decision, what U.S. Central Bank expect to raise 4% as they forecast, vs. the previously 3.25%.
Also, we have another event to watch during this week like rates in Bank of England interest rate desicion, and many other important event to watch in Forex market.
Good luck!!!
Comment
I re-entry in CAD/CHF as in some broker make this like manipulation. What I get 1.11% in loss. As this was a fell in Prime XBT broker, as CAD/CHF hit my break even. For that, I re-entry again to long position around $0.7328 CHF. As broker sometimes manipulate a par in Forex.
Beware!!!
My new Stop Loss it's $0.7295 CHF. And target to $0.7390 CHF
Comment
Update the Stop Loss to $0.7285 CHF.
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