VaidoVeek
Long

CADCHF - A Possible BUY Area!

FX:CADCHF   Canadian Dollar/Swiss Franc
Here we need to wait for a rejection from the marked box.

The box consists of several price action criteria which indicate that we could see a short-term bounce/reversal.

Trendlines , round number, ..., 1H possible double bottom formation on the trendline and etc.

As said, wait for rejection on the 1H timeframe.



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Cheers!


*This information is not a recommendation to go "LONG" or "SHORT", it is mostly used for educational purposes only!
Trade closed: stop reached: Currently, trade closed, if SOMEHOW the Daily candle gets a close above the trendline then it becomes valid because of the bullish candlestick pattern but currently, stop reached!
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