CADCHF; bearish and bullish scenarios explained
CADCHF reached a daily dynamic support and resistance zone and from that area, we can spot the price trading in a triangle.
From this structure, this is what I expect.
1. Once the price breaks down the highlighted triangle, it will be a great opportunity to sell the market
2. Once the price break to the upside due to bullish accumulation, then I will buy the market from there to the next daily resistance.
From this structure, this is what I expect.
1. Once the price breaks down the highlighted triangle, it will be a great opportunity to sell the market
2. Once the price break to the upside due to bullish accumulation, then I will buy the market from there to the next daily resistance.