faylee

CADCHF** Potential big chance

Long
faylee Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc
Entry1: $0.72
Entry2: $0.717
Tp1: $0.7292-0.73
Tp2: $0.75
Tp3:$0.77
Tp4: to be advised after breaking out 0.77
Trade active:
0.72062
Comment:
Weekly chart:
close to the ceiling of a descending wedge, looking for a break out:
Comment:
The senior vice president Wilkins of CBC said, they will assess the need to reduce the intensity of stimulus, mainly due to the recent economic growth.
Trade closed: target reached:
Tp1 $ 0.73reached, 100pips. profit taken already.it seems some restance here, will add more buys after retracement done
Trade active:
this pair is very bullish and seem like unwilling to retrace to my target entry. longed again $0.735
Trade active:
added longs @0.7315
Comment:
4H chart update:
retracement done, bo the trendline
Trade closed: target reached:
it's already hit Tp3 and broke the tg directly, so, can hold the longs for a while, 500pips now.
Trade active:
longed again from 0.771
Comment:
Daily chart update:
still on wave 3, tg: 0.784-0.788
Trade active:
added longs from 0.7681

Related Ideas

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.