H1 time frame.
Structure: Uptrend. The price moves in an ascending channel with a wide range.
There is now a divergence signal and the key level is at 0.73000.
Wait for the confirmation of the downtrend and the appearance of a sell signal, then you can sell with CADCHF.
The profit target is the support line of the price channel, price zone 0.72400.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: Uptrend. The price moves in an ascending channel with a wide range.
There is now a divergence signal and the key level is at 0.73000.
Wait for the confirmation of the downtrend and the appearance of a sell signal, then you can sell with CADCHF.
The profit target is the support line of the price channel, price zone 0.72400.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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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.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.