CADCHF is a pair has a feature that once a trend start, it could last 1 month at least. Some strong trend could last a quarter.
Now we are on the wave 3 inside that purple channel. What if I tell you that this pair could drop down to 0.71770 but you need to hold a trade for 3 months, will you follow?
The hardest thing for traders is to keep still. Thats why less is more! Only few people can do that. We have a trade on this pair already since 7th Nov. If we have to take a trade still in the coming 2 months, we will do it.