CAD/CHF H4 | Falling to 50.0% pullback supportCAD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.66845 which is a pullback support that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 0.66757 which is a level that aligns with the 61.8% Fibonacci retracement level.
Take profit 1 is at 0.66934 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Risk/Reward Ratio: 1 : 1.01
Take profit 2 is at 0.67044 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level. Risk/Reward Ratio: 1 : 2.26
Total risk 1.2%
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