CADCHF is approaching a peculiar zone of confluence on a daily:
we see a perfect match between fib.retracements of the last two bullish impulses and a horizontal supply area.
To buy that structure with a confirmation, pay close attention to a double bottom formation on 4H time frame.
0.7505 - 0.752 is its neckline. Wait for its bullish breakout (4H candle close above) and only then buy aggressively or on a retest.
Goals will be 0.756 / 0.76
If the price sets a new lower low on 4H, the setup will be invalid.
โค๏ธIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!โค๏ธ
โ
Join My Telegram Channel: t.me/VasilyTrading
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ