CADCHF AROUND A RESISTANCE ZONE!
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
CADCHF QUICK UPDATE.
As we can see price is sitting around a strong resistance zone from higher time frame.
Where we will be looking for bearish reversal movement, and for the bears to kick in we need a break below the marked swing low momentum candle close.
1-2 risk to reward ratio from a risk management perspective.
Until that happens price is still overall bullish, and price can still trade higher to dive inside our resistance zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
CADCHF QUICK UPDATE.
As we can see price is sitting around a strong resistance zone from higher time frame.
Where we will be looking for bearish reversal movement, and for the bears to kick in we need a break below the marked swing low momentum candle close.
1-2 risk to reward ratio from a risk management perspective.
Until that happens price is still overall bullish, and price can still trade higher to dive inside our resistance zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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