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"Top and Bottom Analysis" USD/CAD by ThinkingAntsOk
USDCAD
, 240
Short
USDCAD: "Top and Bottom Analysis" USD/CAD by ThinkingAntsOk

4H CHART EXPLANATION: Main Items we observe on the Chart: - Price is on an Ascending Wedge, at a Resistance Zone. - It bounced from the Top of the Wedge and now, it has potential to move down towards the Bottom of it and then, if it breaks it,there is potential to move down towards the Ascending Trendline at 1,3315. We are looking for sell setups on lower...

"Top and Bottom Analysis" USD/JPY by ThinkingAntsOk
USDJPY
, 240
Short
USDJPY: "Top and Bottom Analysis" USD/JPY by ThinkingAntsOk

4H CHART EXPLANATION: Main Items we observe on the Chart: -Price has broken the ascending trendline -Currently, price is approaching the Triangle Trendline -We expect this Trendline will give some type of Support before the breakout Based on this if the price breaks down with a close candlestick below 108.400 we expect a continuation of the downward movement...

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