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Wait for a buy signal with EURCHFH4 time frame. Structure: The downtrend ended when the price broke the Key Level at 1.04600. Currently, the price is moving to retest and there is a possibility of forming a bullish pattern here. Wait for the bullish pattern to appear, then you can look for buying opportunities. Profit target is 1.05600 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx
1
The ascending channel has been broken with XAUUSDH4 time frame. Structure: The ascending channel was broken at the price level of 1789. Currently, there is a signal to retest the breakout zone at the price level of 1789-1800. At the price of 1800, waiting for a sell signal to appear, you can enter an order. The profit target is the price zone 1755-1760. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
OANDA:XAUUSDShort
by tradafx
2
The Ascending Channel is broken with USDCADH1 time frame. Structure: Downtrend. The Ascending channel retraces to the 50% Fibonacci zone of the previous downtrend and has a downward move to break the channel. Wait for the retest signal to confirm the downtrend is back, then you can find selling opportunities. Profit target is 1.26200 and 1.25300 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Short
by tradafx
Wait for confirmation and sell opportunity with AUDUSDH4 time frame. Structure: Downtrend. The rising price channel after retracing to the 50% Fibonacci zone of the previous down move, there is a signal to break the price channel. Wait for the retest signal to confirm the downtrend outside the price channel, then you can find selling opportunities. Profit target is 0.70000 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Short
by tradafx