CADCHF AROUND A MASSIVE 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 massive support level lining up with our previous major lows, Where we will be looking for new longs again!
Meanwhile, we need some confirmation on lower time frame like H1 in this case.
Moreover, price is still overall bearish, and for the bulls to kick in, we need a momentum candle close above our major swing high, then a movement higher would be expected.
And as usual 1-2 risk to reward ratio from a risk management perspective.
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 massive support level lining up with our previous major lows, Where we will be looking for new longs again!
Meanwhile, we need some confirmation on lower time frame like H1 in this case.
Moreover, price is still overall bearish, and for the bulls to kick in, we need a momentum candle close above our major swing high, then a movement higher would be expected.
And as usual 1-2 risk to reward ratio from a risk management perspective.
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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