Buy Setup on CADCHF
Looking at CadChf, price has dropped away from the Daily Horizontal Level and bounced at the significant horizontal level that it's been rejecting at for the past month.
Considering this level is very significant and includes a Non-Horizontal Support Level for confluence, I'll be waiting for price to provide a strong bullish candle closure off of the level before thinking of placing any buy orders.
Considering this level is very significant and includes a Non-Horizontal Support Level for confluence, I'll be waiting for price to provide a strong bullish candle closure off of the level before thinking of placing any buy orders.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.