CADCHF Trend Reversal Analysis

I'm looking at a bullish opportunity for the CADCHF pair. The RSI indicator shows a bullish divergence, indicating a potential reversal upward move. I've set our entry point at 0.65228, and to manage risk, the stop loss (SL) is at 0.64818.

Take Profit (TP) is set at 0.66696, offering a very attractive risk-reward ratio of 4.04. This trade is based on strong support at the 4-hour timeframe.

Disclaimer:
Remember that all trading involves risk. This analysis is for informational purposes only and should not be considered financial advice.