H4 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.
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Wish you all have a good trading day!
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!
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❤
Facebook: facebook.com/tradafx
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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.