CADCHF - Around The Lower Bound Again!

23 thg 10, 2023

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

on Weekly: Left Chart
After rejecting the 0.68 resistance, CADCHF traded lower and it is currently hovering around the lower bound of the range, and support 0.65.

on H1: Right Chart
For the bulls to take over, and activate our buy setup, we need a break above the last high in gray.

Meanwhile, CADCHF would be bearish and can still trade lower inside the green weekly support.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich