EURCHF Break Bearish Channel H1. SL : 1.0703 TP 1 : 1.075 TP 2 : 1.080 TP 3 : 1.086
EURAUD Break Bearish Channel H1. SL : 1.5635 TP 1 : 1.575 TP 2 : 1.578 TP 3 : 1.584
XAUUSD Break Bullish Channel H1. SL : 1772.6 TP 1 : 1746 TP 2 : 1726
EURCAD Break Bearish Channel H1. SL : 1.43100 TP 1 : 1.4444 TP 2 : 1.4500 TP 3 : 1.4580
AUDNZD Break bullish channel H1 SL : 1.0566 TP 1 : 1.0510 TP 2 : 1.0482
NZDCAD Break bearish channel H1 SL : 0.8636 TP 3 : 0.873 TP 2 : 0.878
GBPNZD Break Bullish channel H1 SL : 1.963 TP 1 : 1.950 TP 2 : 1.942 TP 3 : 1.937
AUDCAD break bearish channel H1 . SL : 0.915 TP 1 : 0.921 TP 2 : 0.925 TP 3 : 0.930
first, we can expect a move to the price of 0.87275. And if the downtrend line breaks, we can see the price of 0.87830.
Considering the pattern of head and shoulders as well as the break of the uptrend line, we can have an downtrend viewpoint
Breaking the downtrend line and exiting the pattern.
Price collides with the static resistance level along with dynamic trend line failure.
After Break Bearish Channel in H1 time frame We can expect the price range to move around 1.044 in the first step .
After a 50% correction of the uptrend and the break of the downtrend line, we expect to move to the previous ceiling. you can have r/r = 2 if wait price = 1.8796
if we lose resistance level 40k , we can see 30k again . According to the negative news, the probability of breaking the 40,000 level is higher than the probability of supporting this level. We will have a Bearish viewpoint until the downtrend line is broken in the daily and 4-hour timeframes.