Get started

Bullishtrendpattern

USDCHF Buy Idea From Key Support ZonesD1 - Bullish trend pattern. Currently, it looks like a correction is happening. There are no signs that show this bullish trend is over yet. H4 - Currently it looks like the daily correction is happening in the form of double wave down. We have two key support zones that have formed. The first zone is formed by the 61.8%, 100% Fibonacci expansion levels of the first wave and the 23.8% Fibonacci retracement level of the daily bullish trend pattern. The second zone is formed by the 161.8% Fibonacci expansion level of the first wave and the 38.2% - 50% Fibonacci retracement levels of the daily bullish trend pattern. Until both, the key support zones hold my view remains bullish here.
Long
by VladimirRibakov
6
GBPCAD Buy Idea Based on Key Support ZonesH4 - Bullish trend pattern followed by a double wave correction. Bullish divergence. We have two key support zones that have formed based on the fibonacci retracement and expansion levels. The first key support zone is formed by the 38.2% fibonacci retracement zone of the bullish trend pattern and the 100% fibonacci expansion level of the first wave. The second key support zone is formed by the 50% - 61.8% fibonacci retracement zones of the bullish trend pattern and the 161.8% fibonacci expansion level of the first wave. Until both these key support zones hold my view remains bullish here.
Long
by VladimirRibakov