On CadChf, price has been channeling through a bearish channel for quite some time now. Within this channel, price action has created a Daily Significant Level that price has just recently approached. Considering we've experienced significant bullish rejection off of the Non-Horizontal Support Level and are continuing to create bullish market structure, I'll be looking to capture a bullish rally in the near future.
I believe that if price manages to break and retest the current level its at right now, I'll monitor rejection off of the level before placing a buy order to target a potential movement towards the upside. Let's see if we could get some more buyers in play🙌🏼
I believe that if price manages to break and retest the current level its at right now, I'll monitor rejection off of the level before placing a buy order to target a potential movement towards the upside. Let's see if we could get some more buyers in play🙌🏼
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.