CADCHF Daily Thoughts

So here we have daily cadchf, i am looking at 2 possible bullish trades setting up, tried to make it as clear as possible, all pink lines are setup 1 , and all black lines are setup 2, note that the profit/loss setup is far to the right, this is only because i didnt want to stack positions on my chart but it should be in the same place as setup 1, markets might also turn out bearish, a lot of volatility coming this week so be careful with news as big spikes might occur that will hit stoplosses all over the place, so trade this with caution guys! , in my opinion if the market breaks the previous trendline or have a big bearish candle close below the .786 that invalidates all of this for me, goodluck this week guys!
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i am still learning let me know of any improvements, thanks!