CADCHF Buy

Reasons to buy:

Price is uptrending within a channel on the 4h time frame.

* As you can see, the 200 & 50 EMAS have also crossed which indicates a shift in trend.

*Upward momentum is still strong and higher highs are still being achieved.

*There is also a 3:1 + risk-reward.

Stop-loss should be placed under the previous low as this would invalidate the trade idea.