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Buy-signal

USDCAD good BUY SIGNALLLet me remind you of my previous forecast, which came true. The price was not be able to break through the line and returned at the resistance level . Pushed off the support level and came back to the strong resistance line. And then, from the resistance level, it fell to the resistance line. Now we see that the price is moving between two rather strong lines. The resistance line has existed here since April 2020, the support line has existed since July 2020. On the larger TF, we see how exactly the price goes down between them, without making strong and significant breakouts of the resistance line. And right now the price has again approached the support line and has already pushed off from it. Thus, starting to grow. This serves as a good signal to open a buy trade! I won't tire of reminding you about SL - set it below the support line in case the price makes a correction. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻
Long
by Lingrid
10
USDCHF Swinging 4 the Fences? Why did I enter?! Weekly: Price reached a support zone. Stochastic is at the bottom line. Used Fib to track up to 50% of most recent high which is in the resistance zone. Daily: Price is near the bottom of the stochastic as well. 4 Hour: Stochastic is at the bottom line as well. 15 min: No new highs just yet but price is as low as it was in August and September. 5 min: Price still testing but stochastic is at the bottom line as well! If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT If you disagree let’s talk this thing out! I’m a new trader looking to learn and grow with this great community so let’s work! Hope your trading week is going well!
Long
by Redimere_91
2