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 BULLS TO TAKE OVER!
As we can see price is around a strong support zone, lining up with our previous major lows as well, Where we will be looking for new longs.
Meanwhile, price is still overall bearish making clean lower lows and lower highs, however, for the bulls to take over we need a break above the marked 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 BULLS TO TAKE OVER!
As we can see price is around a strong support zone, lining up with our previous major lows as well, Where we will be looking for new longs.
Meanwhile, price is still overall bearish making clean lower lows and lower highs, however, for the bulls to take over we need a break above the marked 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!