CADCHF | Potential Long Setup & Holiday Liquidity Warning

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Adding CADCHF to my watchlist for a potential long trade opportunity.

This idea is based on a clean break of a major descending trendline on the 2-hour chart, signaling a potential bullish reversal. I am waiting for a pullback to the marked support zone before considering a long entry.

⚠️ IMPORTANT: Market Holiday & Low Liquidity ⚠️
As mentioned before, today, July 4th, is a major US holiday. With CAD being a North American currency, liquidity is expected to be extremely thin. This increases the risk of unpredictable price action. Please be cautious.

This is a watchlist idea for now.

🛡️ Pro tips for any potential entry:
⚠️ Risk only 0.5~1% per trade.
📉 Be ready to secure profits at TP1.

If you enjoy my charts, hit Boost🚀👍, share your views in the comments 🗨️, and let’s crush those markets! 💹✨

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Not

For those two new analyses: Given these conditions, it's very possible the price will not reach our entry zone until the market re-opens with full liquidity on Monday. This is a watchlist idea that requires patience.

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