CHR is forming a new uptrend on 1d and 4H TF, we can see price has retraced to the 0.5 fibonacci in confluence with ascending trendline support potentially forming a new swing low here. Waiting on 4H TF for break and retest of structures and the environment of the market according to the indicators to cut for bullish before we can possibly enter a leveraged long.
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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.