CAD/CHF Analysis – 1H Timeframe
Price is currently testing a strong demand zone (green area) after a sustained downtrend. A potential bullish reversal is expected if the support holds, targeting 0.62972 as the next resistance level.
The ideal entry would be near the demand zone, with stops below 0.62088. A breakout above 0.62316 could confirm upward momentum. Traders should watch for bullish price action signals before entering long positions.
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Price is currently testing a strong demand zone (green area) after a sustained downtrend. A potential bullish reversal is expected if the support holds, targeting 0.62972 as the next resistance level.
The ideal entry would be near the demand zone, with stops below 0.62088. A breakout above 0.62316 could confirm upward momentum. Traders should watch for bullish price action signals before entering long positions.
If you enjoy, press the like button.
Trade active
active your trades.Note
Congratulations guys, price start flying.Trade closed: target reached
price completed risk to reward ratio 1:2 , target completed.Note
enjoy your profit.
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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.
💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
Related publications
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.