CAD/CHF - 15-1 TRADE!!

2. März 2021

Ourselves and our members placed a trade this morning at the London open on CAD/CHF that has a potential to give us a 15/1 risk reward! reasons for this trade are that the CAD is going to gain significant strength as we see more demand for oil with the reopening of the world essentially with mass vaccinations in full swing. we saw double confirmation on the 15m timeframe with a bullish engulfing candle on the 15m timeframe at the London open, fundamentals support this trade with the CAD at a +4.3 and the CHF the weakest currency at -8.3. we are looking to ride this strength in the CAD for at least a few weeks until our monthly upper zone