Looking at CadChf, we could be seeing a buy opportunity present itself. I attempted to place a buy order on this pair last week, it just wasn't ready to take off. But I still have the anticipation that a bullish rally is soon to come.
Price has continuously dropped to this H4 Horizontal Level, and followed with bullish rejection many many times! The sellers or buyers just aren't showing clear dominance yet. But I believe if the buyers can take over this Daily Horizontal Level that it's currently sitting at right now, that is a potential sign of strength.
I'll be waiting for a break and retest of this horizontal level. And I will be sure to not make the same mistake I did last time on this pair. I'll wait for significant bullish rejection before placing the order. Patience & discipline is always the name of the game.
Price has continuously dropped to this H4 Horizontal Level, and followed with bullish rejection many many times! The sellers or buyers just aren't showing clear dominance yet. But I believe if the buyers can take over this Daily Horizontal Level that it's currently sitting at right now, that is a potential sign of strength.
I'll be waiting for a break and retest of this horizontal level. And I will be sure to not make the same mistake I did last time on this pair. I'll wait for significant bullish rejection before placing the order. Patience & discipline is always the name of the game.
