good day traders, this is my share of analysis on the CADCHF as we can see we had a descending triangle chart pattern, which is now broken buy the bulls on the upside indicating there might be a bullish movement next. The breakout occurred and the price is retesting the dynamic resistance, so If the H1 candle closes as a bullish candle then we should look for buys to the TP1 or TP2 depending on your r:r
note-I'll enter after a bullish candle confirmation on H1 or M15 timeframe, kindly share your opinions about this analysis or what CADCHF will do
note-I'll enter after a bullish candle confirmation on H1 or M15 timeframe, kindly share your opinions about this analysis or what CADCHF will do
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.