Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on Weekly: Left Chart
For the bulls to take over long-term, we still need a break above the blue neckline.
For now, CHZ is sitting around a support zone so we will be looking for buy setups.
on H4: Right Chart
CHZ is bearish trading inside the red channel.
Trigger => for the bulls to take over, we need a momentum candle close above the upper trendline AND last major high in gray.
Meanwhile, until the buy is activated, CHZ can still trade lower or even dive inside the green support 0.1 - 0.15
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on Weekly: Left Chart
For the bulls to take over long-term, we still need a break above the blue neckline.
For now, CHZ is sitting around a support zone so we will be looking for buy setups.
on H4: Right Chart
CHZ is bearish trading inside the red channel.
Trigger => for the bulls to take over, we need a momentum candle close above the upper trendline AND last major high in gray.
Meanwhile, until the buy is activated, CHZ can still trade lower or even dive inside the green support 0.1 - 0.15
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal