In the 4H chart, we can see the CADCHF is bearish, In the 1D chart, we can see the price is ranging between 0.7600 at the top, to 0.7400 at the bottom, for now, there are 3 scenarios that we Should wait for,
1 – If the price reaches the supply above, it will be a great opportunity for sell position, the target for this position is the demand below,
2 – If the price will reach the demand below, it will be a great opportunity for buy position, the target will be the supply above,
3 – If the price will break out the supply above it indicates the price tends to reach the resistance at the top, in that case, we should look for price action setup to buy, the target will be the resistance At the top.
1 – If the price reaches the supply above, it will be a great opportunity for sell position, the target for this position is the demand below,
2 – If the price will reach the demand below, it will be a great opportunity for buy position, the target will be the supply above,
3 – If the price will break out the supply above it indicates the price tends to reach the resistance at the top, in that case, we should look for price action setup to buy, the target will be the resistance At the top.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
We Trade Forex - Come Join Us!
the5ers.com
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.