CADCHF- Pip baker
Hello friends,
Potential opportunity here to buy this after the breakout of this channel. As you can see from the chart there are several indications that price will rally to the upside, for example
1. Divergence
2. Trend exchastion
3. Harmonic on a larger time frame (4h)
4. Oversold
5. Bullish Price action
I would recommend waiting for price to break out of the channel, and confirm the change of trend by retesting.
Trade with care ;)
Thanks
Potential opportunity here to buy this after the breakout of this channel. As you can see from the chart there are several indications that price will rally to the upside, for example
1. Divergence
2. Trend exchastion
3. Harmonic on a larger time frame (4h)
4. Oversold
5. Bullish Price action
I would recommend waiting for price to break out of the channel, and confirm the change of trend by retesting.
Trade with care ;)
Thanks
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