CapitalHillFX

Buy Setup on CADCHF

Long
OANDA:CADCHF   CAD/CHF
Looking at CadChf, price has dropped away from the Daily Horizontal Level and bounced at the significant horizontal level that it's been rejecting at for the past month.

Considering this level is very significant and includes a Non-Horizontal Support Level for confluence, I'll be waiting for price to provide a strong bullish candle closure off of the level before thinking of placing any buy orders.

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