Divergence appears and buying opportunity with CADCHF
H4 time frame.
Structure: Uptrend.
Currently appearing a double bottom reversal pattern at 0.73200 and divergence signal from MACD.
Key level is clear at 0.74200. Wait for the price to increase sharply, break the key level and have a retest signal, then you can find buying opportunities.
The profit target is the 0.75600 price zone.
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Wish you all have a good trading day!
Structure: Uptrend.
Currently appearing a double bottom reversal pattern at 0.73200 and divergence signal from MACD.
Key level is clear at 0.74200. Wait for the price to increase sharply, break the key level and have a retest signal, then you can find buying opportunities.
The profit target is the 0.75600 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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