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Why $CFX Could Be The Next Clean Long Trade On My Watchlist
#CFX is retracing into a higher timeframe 1W order block after a liquidity sweep, with structure favoring continuation toward upside liquidity and external highs.
Technical Structure:
✅ 1W Order Block → strong HTF demand zone
✅ SSL resting below → potential liquidity sweep
✅ Retracement phase → optimal entry zone
✅ Displacement model → continuation setup
✅ Liquidity above → clear upside targets
Targets: $0.0649 → $0.0697 → $0.0755
Invalidation: 1D close below $0.0505
Bullish bias. Wait for price to dip into the 1W OB and confirm before entering toward buy-side liquidity.
TA Only. DYOR.