Open trading account 
I have found a nice trade that I have executed today on Cad/Chf
I found a good trade to take when I was looking through the charts
Cad/Chf has a excellent buy setup, and looks like a trade to take
I am in 4.2 mil. long, and I will tell you why:
on the daily chart a wedge pattern has been broken to the upside
while daily trendline acts as a support below it - SL is below that trendline, which is only about 30 pips
Also we see a bullish divergence in the Stochastic indicator, which is a indicator of a higher move after the breakout
With the tight SL and a potential large move up this is a good opportunity for a long position
Here is a snapshot of the chart:
Gl all
I found a good trade to take when I was looking through the charts
Cad/Chf has a excellent buy setup, and looks like a trade to take
I am in 4.2 mil. long, and I will tell you why:
on the daily chart a wedge pattern has been broken to the upside
while daily trendline acts as a support below it - SL is below that trendline, which is only about 30 pips
Also we see a bullish divergence in the Stochastic indicator, which is a indicator of a higher move after the breakout
With the tight SL and a potential large move up this is a good opportunity for a long position
Here is a snapshot of the chart:
Gl all
