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SWISS FRANC / CANADIAN DOLLAR

1.7130CADR
−0.0035−0.20%
As of today at 17:40 GMT
CAD
No trades
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CHFCAD trade ideas

CAD/CHF - Strong Buy Trade IdeaHi all, Looking at this solid swing trade on CAD/CHF. Previously price has had a strong push down and we have seen a confirmed Liquidity sweep. We have noticed a movement from this key level where buyers keep stelling in. Post this larger bullish movement we have made a solid Unmitigated Demand zone which I would like to buy from and hopefully look at going for a Breakout Trade to capture Buy side Liquidity. Once price takes out the PSH I will look to add more positions Good luck to any traders that follow
Long
by jamesibartram
CADCHF LESSONUnderstanding the nature of price is crucial for any trader aiming for long-term success. While mechanical trading systems can provide structure, relying solely on them may overlook the underlying market dynamics that drive price movements. By grasping the nuances of price behavior—such as support and resistance, market sentiment, and economic influences—traders can make more informed decisions. This deeper awareness allows for greater adaptability, enhancing the ability to recognize opportunities and manage risks effectively. In essence, merging price analysis with mechanical strategies creates a more holistic trading approach, empowering traders to navigate the markets with confidence and insight.
by Chiwalala_Oscar
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