CAD/CHFLong
Possible Buy Setup on CADCHF
Onto CadChf, price has recently presented strong bullish rejection away from the Non-Horizontal Support Level. This could be identifying some potential bullish momentum in the future. We also, have the break of a recent downtrend channel, which is also another bullish bias.
For now, I'm just waiting to catch a logical entry rather than chasing the wave. If price could manage to retrace back to the Significant Daily Level (.72750), then I'll be looking for a strong bullish H1 or H4 candle closure before looking for longs on this one. Patience.
For now, I'm just waiting to catch a logical entry rather than chasing the wave. If price could manage to retrace back to the Significant Daily Level (.72750), then I'll be looking for a strong bullish H1 or H4 candle closure before looking for longs on this one. Patience.
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.
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.