Formation of a descending channel
It is currently at the bottom of the channel and we are waiting to climb to the daily channel level due to the positive divergence in the RSI indicator.
The intersection of the daily MACD indicator can be a sign that the buy signal is activated.
Japanese Yen Dollar Chart
If the uptrend line breaks, we can wait for the 113 ranges. 112. It was 111
Because of the great growth it has endured and its negative divergence
Can experience a new downturn
Also, the formation of a harmonic bearish pattern intensifies the falling wave.
The GBP CAD chart has a relatively strong support in the range of 1.68000 and breaks the downtrend line in the rsi oscillator.
And still built in macd divergence + RD
Suitable for buy position...
