CHR since the recent fall across the board is now testing strong daily demand in confluence with the uptrend support, also we can see a nice M formation on the daily TF this harmonic pattern likes to complete at the neckline giving us our first upside target, we will be waiting with students on the lower TF specifically 1h and 4H for the market to potentially satisfy our entry rules before we think about entering any leveraged long position on this token.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.