CADCHF Potential Long Setup #4 (High Probability Reaction)Canadian Dollar / Swiss FrancFOREXCOM:CADCHFArmaTrader97STRONG BULLISH BIAS Multiple trading approaches align on the left side of the chart, indicating strong long-side participation: --> Support & resistance reversal traders --> Moving average traders --> Trendline breakout traders --> Pullback traders --> Support & resistance breakout traders This multi-school alignment significantly increases the probability of continuation to the upside. TRADE SETUP 1) Area of High Confluence Support characteristics: --> Multiple rejections (5 touches) --> Recently formed (close to the left) --> Acted as both support and resistance --> Very clear and easy to identify Candlestick confirmation: --> Two consecutive hammers --> Color change candle --> Bullish engulfing candle EMA 50 perfectly aligned Trendline perfectly aligned Fibonacci 61.8% (deep pullback at the golden level) 📍 STOP LOSS Placed below: - Support zone - Wick rejections - Trendline - EMA 50 - Fibonacci 61.8% ➡️ Strong multi-layer protection for higher trade safety 🎯 TAKE PROFIT AREA - Swing High - Fibonacci 61.8% extension ➡️ High-probability reaction zone 📈 If you appreciate clean, rule-based, and well-explained trading ideas, feel free to follow. Your thoughts and perspectives are welcome in the comments. ⚠️ Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk—always conduct your own analysis. I am not responsible for any decisions or losses based on this idea.