CADCHF is close to Support/resistance level, BUY trade setup...

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CADCHF Update..
The price is following a wedge pattern and price is also approaching support/resistance level,if price holds the support level there is a chance that price might bounce from the support to the next resistance level,wait for the price to reach the level and if price gives any bullish signal then look for buy opportunity..In case,if price breaks below the support/resistance level then dont take entry and wait for another opportunity..


For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 2hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish signals..

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