As you can see on the Daily Chart.
The Bulls are trying to break our Supply Zone but rejected immediately, indicating this is a strong Supply area, A Second attempt met the same ending at 12 May High.
But The Bulls are not leaving yet, a Strong Trend Line formed below our Structure High, Signaling next breakout attempt, and it getting closer into our next and last battle zone. This attempt will decide of CADCHF next movement.
Our most likely scenario are, the bulls will break our Structure high, Reaching our next Resistance Area, a slight pullback expected.
if the Price fall below our Trend Line then this setup will be invalid.
If you like an update of this analysis, please consider to follow.
Stay Safe, Stay Green Brother,
The Bulls are trying to break our Supply Zone but rejected immediately, indicating this is a strong Supply area, A Second attempt met the same ending at 12 May High.
But The Bulls are not leaving yet, a Strong Trend Line formed below our Structure High, Signaling next breakout attempt, and it getting closer into our next and last battle zone. This attempt will decide of CADCHF next movement.
Our most likely scenario are, the bulls will break our Structure high, Reaching our next Resistance Area, a slight pullback expected.
if the Price fall below our Trend Line then this setup will be invalid.
If you like an update of this analysis, please consider to follow.
Stay Safe, Stay Green Brother,
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。