CADCHF Long

Geopolitical risks driving oil price up at the start of 2018 may cause this pair to have a breakout and at least reach 0.80 except if a correction happens soon. Setting up buy stop with TP near 0.8 and SL between R1 and base pivot points.

oilprice.com/Energy/...rection-Overdue.html
www.cnbc.com/2018/01...xpert-tom-kloza.html

Daily:

Weekly:


Confidence: B (because of unpredictable geopolitical risks that cause volatility)