H4 time frame.
Structure: The falling price breaks the ascending channel.
The price is currently likely to test the 1785 resistance and the previous uptrend line at 1790.
Wait for the price to confirm the downtrend after testing these prices, then you can find a selling opportunity.
The profit target is the 1760 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: The falling price breaks the ascending channel.
The price is currently likely to test the 1785 resistance and the previous uptrend line at 1790.
Wait for the price to confirm the downtrend after testing these prices, then you can find a selling opportunity.
The profit target is the 1760 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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.
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.