USDCHF Breaking Down Channel and Buying Opportunity
H4 time frame.
Structure: After the price fell to the support of 0.91000, there was an upward move that broke the previous downtrend channel.
Waiting for the price to appear retest signals and bullish confirmation patterns outside the downtrend channel, you can find buying opportunities.
The profit target is the 0.92800 price area.
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Wish you all have a good trading day!
Structure: After the price fell to the support of 0.91000, there was an upward move that broke the previous downtrend channel.
Waiting for the price to appear retest signals and bullish confirmation patterns outside the downtrend channel, you can find buying opportunities.
The profit target is the 0.92800 price area.
-----------------------------------------------------------------------------------------------
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.