Hey there,
In weekly timeframe price touched the blue line much time
In daily timeframe, we consider it as a powerful support resistance zone.
Hourly chart we waited for the perfect entry
Then we got an-------( head and shoulder)------- pattern
An buyers can not push the upside.......
That means sellers are preparing to make the trend bearish,,,,,,,
We can sell in this zone (. 67777 ---0.67690)
TP ---1 =========0.67350
TP ----2 =========0.67050
TP ----3 =========0.66440
Take a better risk management........
I consider SL would be 0.67970
Be happy,😁😁
goodLuck🤗🤗

CADCHF
In weekly timeframe price touched the blue line much time
In daily timeframe, we consider it as a powerful support resistance zone.
Hourly chart we waited for the perfect entry
Then we got an-------( head and shoulder)------- pattern
An buyers can not push the upside.......
That means sellers are preparing to make the trend bearish,,,,,,,
We can sell in this zone (. 67777 ---0.67690)
TP ---1 =========0.67350
TP ----2 =========0.67050
TP ----3 =========0.66440
Take a better risk management........
I consider SL would be 0.67970
Be happy,😁😁
goodLuck🤗🤗
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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.