SNR
CAD/CHF reaching a strong zone in my opinion. PO for LONG.CADCHF have a bearish pressure looking from a 4H timeframe. Expecting it to reach a zone where, demand zone + support zone + trendline confluence, then bounce back to retest former Support.
Green Box : Supply Zone
Orange Box : Demand Zone
White Box : SNR Zone
Compression h1, daily rbs zone..H1 shows compression nearing support, market have tested the support twice,, at horizontal line 1.79240 was a previous daily rbs,, (resistance became support). very promising to look for long entries at 1.79240, or looked for trend break, go for long position.. hope this may help ..
Falling off the cliffif it retrace at 1.3000 resistance line or break 1.26037 support line...will be a long sell for me...the price trying to find demand zone on my observation
TF H4, D1, AND WEEKLY
please wait for the retracement and breakout confirmation
happy trading and trade wisely by monitoring your MM.
just my analysis and don't be too confident.