CADCHF is retesting a support cluster
Of the rising and horizontal support levels
Which means that a bullish rebound is likley
With the target being a supply level above
Buy!
Hello,Traders!
CAD-CHF is retesting a support cluster
Of the rising and horizontal support levels
Which means that a bullish rebound is likley
With the target being a supply level above
Buy!
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Price played with the key structural level to wipe out not only buyers but also sellers.
Since we have liquidity from both sellers and buyers EXPECT a huge move! I will be joining whatever way price points, it doesn't matter if it's bearish or bullish.
When volume kicks in this will fly, either way, I have no fixed bias.
Let's do this! All entries will be...
Hello,Friends!
In this market situation, I am looking at multiple indicators
And I can see bullish momentum accumulating on the pair right now
This setiment makes me bullish biased and I am considering a long!
Like and subscribe and comment my ideas if you enjoy them!
Here is our technical outlook on CADCHF.
Our analysis is based on current market fundamental sentiment.
According to our drawing CADCHF is trading within a support cluster.
Based on our technical analysis the price will rise.
Please, leave a comment and support us with like.
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✅CAD_CHF fell down sharply
But a strong support level was hit
Thus as a rebound is already happening
A move up towards the target shall follow
LONG🚀
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CADCHF is approaching a strong horizontal structure support.
The price formed a double bottom on that.
To buy with a confirmation, wait for a bullish breakout 0.75 - 0.7522.
You need a 4H candle close above that.
Then buy on a retest with a goal 0.7565.
❤️If you have any questions, please, ask me in the comment section.
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Double bottom formed with a bullish engulfing candle.
An aggressive entry would be now; a conservative and safer one would be after breakout and retest.
