Thoughts on CADCHF and the 'perfect' entry

Been watching $CADCHF float around the 0.58 handle, currently at 0.58176. It's been hovering between 0.57991 and 0.58242 today, which feels like it's trying to find a footing rather than making a definitive move. I've heard a lot of talk about waiting for confirmation and avoiding 'catching falling knives,' but sometimes it feels like that mantra leads to missing the initial, more significant swing. My take is that a well-defined risk management plan on a seemingly early entry often trumps waiting for a breakout that's already halfway through its run. Trying to perfectly time the absolute bottom or top is a fool's errand, but neither is waiting for undeniable momentum that everyone else is already piling into.

I'm curious if anyone else finds themselves wrestling with this – the desire for a 'perfect' entry versus the reality of market dynamics. Where do you draw the line between being early and just being plain wrong on a CFD? Push back on this, I'm genuinely interested in different perspectives here.