Canadian Dollar / Swiss Franc
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CADCHF Bullish Divergence Trade. Wait for Daily Close > 75EMA

52
https://www.tradingview.com/x/Bv6MQUiv/

This is a possible scenario for CAD CHF following some recent Bullish Divergence on a Daily time-frame.

The idea would be to wait for the trade to properly setup above the EMAs 25/50/75 and in particular a Daily close above the yellow 75 EMA would be a signal to get Long.

* For educational use only and to explain 1 particular way you can trade divergences in RSI and Price, preference always to higher timeframes for better reliability of the setup.

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* I must pass on credit when its due, this style of trading divergences I learnt a long time ago at Phoenixtradesacademy.

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