CADCHF
The price recently reacted off a Daily Fair Value Gap (FVG) and has begun to print higher lows HL which is asig of weakness of bearish trend.
Following a sweep of inducement on the 4-hour chart, the price made a bullish structure break and is currently pulling back within this bullish 4-hour structure.
On the 1-hour chart, the price is reacting off a 1H BPR and has exhibited a 1H structure shift accompanied by displacement.
My POI for entering a long position is the 1H FVG located in the discount area, with confirmation to be obtained from a lower timeframe, with targets at EQH or Weekly Bearish OB.
Disclaimer applies.
#NFA
Following a sweep of inducement on the 4-hour chart, the price made a bullish structure break and is currently pulling back within this bullish 4-hour structure.
On the 1-hour chart, the price is reacting off a 1H BPR and has exhibited a 1H structure shift accompanied by displacement.
My POI for entering a long position is the 1H FVG located in the discount area, with confirmation to be obtained from a lower timeframe, with targets at EQH or Weekly Bearish OB.
Disclaimer applies.
#NFA
Disclaimer
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