CADCHF is currently respecting a strong support zone, indicating a potential bullish reversal pattern in development. The structure suggests that most of the downward pressure may be exhausted, and buyers could begin to take control.
Price action shows signs of completing a doubt/uncertainty pattern, reinforcing the base formed at support. A strong resistance level lies near 0.59002. If the 4H candle closes above this level, it may confirm a breakout and open the door for further bullish momentum.
You May find more details in the chart.
Trade wisely best of Luck Buddies.
PS: Support with like and comments for better analysis.
Price action shows signs of completing a doubt/uncertainty pattern, reinforcing the base formed at support. A strong resistance level lies near 0.59002. If the 4H candle closes above this level, it may confirm a breakout and open the door for further bullish momentum.
You May find more details in the chart.
Trade wisely best of Luck Buddies.
PS: Support with like and comments for better analysis.
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Join My telegram Channel
t.me/FOREX_FREE_SIGNALS_1
Free Forex Signals
t.me/Jamessignals11
t.me/FOREX_FREE_SIGNALS_1
Free Forex Signals
t.me/Jamessignals11
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。