CAD/CHF: Update!!!

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!!!

Komentarz:

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

Komentarz:

Update the Stop Loss to $0.7285 CHF.