CADCHF - Trade Setup

Taking a look at the daily timeframe, price action is now supported by the 61.8% retracement level.

I believe there's a good chance this pair may start to continue bullish from the previous bullish impulse to the upside.

With that said, I prepared a trade plan.

== This is a 2 position setup ==

Idea is to buy 1 position now, and then buy another position if this pair drops down to the 78.6% level.

If only the first trade goes through, it's a low risk setup. I'm actually hoping to be able to add my second position but I don't want to miss out on this opportunity. I think growing an account little by little is the best way to go.

That's it - That's all
Trade Safe!