CHZ ZOOMED OUT PICTUREHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
WHAT'S NEXT FOR CHZ
2 POSSIBLE SCENARIOS:
As we can see price is still overall bullish trading inside this channel from a medium-term perspective, However, price is around a strong resistance zone,
And for the bears to kick in we need a break below the marked major swing low, then a further movement lower would be expected.
Unless price managed To keep moving higher and broke above the marked swing high, Then a movement higher would be expected till the upper resistance zone,
Where we will be looking for new bearish correction
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
