CADCHF may rise from the bullish order blockCADCHF may rise from the bullish order block.
I’ve identified a bullish order block between 0.62284 and 0.62192. The price is nearing this zone, which could lead to a potential upward movement. Based on this setup, I suggest a direct entry with a small lot, and another entry when the price touches the order block.
This analysis is done using the Smart Money Concepts (SMC) strategy, which has shown a high probability of success in similar scenarios. Let’s see how the price reacts!
My analysis shows that :-
Entry price :- 0.62276
Take profit :- 0.62512
Stop loss :- 0.62040