5 JUN KAUNTER TEKNOLOGIShariah : Shariah Compliant Compliant
Sector : Industrial Products & Services
Sub-Sector : Industrial Materials, Components & Equipment
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 ..