📉 CADCHF Bearish Trade Setup - Notable Orderblock SMC FVG Identified
🔍 Technical Analysis:
CADCHF presents a compelling bearish opportunity as it approaches the Orderblock SMC FVG zone.
Historical analysis suggests this area has served as significant resistance in the past.
Monitoring closely for potential bearish confirmation signals.
📊 Trade Plan:
Entry...
Hi,
The price was in a downtrend until it started ranging for roughly about 12 weeks, it eventually broke the support of the range with a strong Bearish move but found support again at the 2020 low of around 0.6600.
Price retraced back to the broken support of the range which should now be quite a strong resistance and made a nice rejection doji on the...
