CLS CADCHF Analysis – Monthly, Daily, 1H

📊 CLS CADCHF Analysis – Monthly, Daily, 1H

**Monthly (M):**
- A Clean Low Sweep (CLS) has been formed.
- The second candle is already confirmed.

**Daily (D):**
- Price has not yet reached the 50% retracement level.
- A Daily CLS has been formed.
- The second candle is currently developing.

**1-Hour (1H):**
- Market Structure Shift (MSS) has occurred.
- Price has already reached the 50% level.

**Trade Plan:**
- I’m waiting for price to retrace into the 61%–80% zone of 1H CLS before entering a long position.
- Target 1 (TP1): The 1H CLS range.
- Target 2 (TP2): 50% of the Monthly CLS, which aligns with a Key Level Fair Value Gap (KL FVG) and Key Level Previous Monthly Low (KL PML).

**Order Flow:**
- Currently bearish, so the ultimate goal is a conservative 50% retracement from the Monthly CLS.





CADCHF


Mentor :
David_Perk