H4 time frame.
Structure: Downtrend.
A divergence signal and a double bottom reversal pattern appeared at the support area of 1.61000.
The current price tends to break the Key level at 1.63500.
Waiting for the price to clearly break the Key level and appear a retest signal can find buying opportunities.
Profit target is 1.66000 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: Downtrend.
A divergence signal and a double bottom reversal pattern appeared at the support area of 1.61000.
The current price tends to break the Key level at 1.63500.
Waiting for the price to clearly break the Key level and appear a retest signal can find buying opportunities.
Profit target is 1.66000 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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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.