CHZ - Potential Bullish Reversal! ↗️
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
As per my last analysis, we know that CHZ is around a support zone so we will be looking for buy setups.
on H1: Right Chart
CHZ is forming a double top and descending triangle pattern but it is not ready to go yet.
Trigger => for the bulls to take over, we need a momentum candle close below the gray neckline.
Meanwhile, until the buy is activated, CHZ can still trade lower or even break the support zone downward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on DAILY: Left Chart
As per my last analysis, we know that CHZ is around a support zone so we will be looking for buy setups.
on H1: Right Chart
CHZ is forming a double top and descending triangle pattern but it is not ready to go yet.
Trigger => for the bulls to take over, we need a momentum candle close below the gray neckline.
Meanwhile, until the buy is activated, CHZ can still trade lower or even break the support zone downward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
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RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
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