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Priceactionstrategy

USDCHF: Your Detailed Trading Plan 🇺🇸🇨🇭 USDCHF pair is trading in a minor bullish trend. The price sets higher lows, perfectly respecting a rising trend line on 4H. The market is approaching the trend line at the moment, To confirm one more bullish move from that, watch an inverted h&s pattern on 1H time frame. Our trigger will be a bullish breakout of 0.8998 level - the neckline of the pattern. The breakout will be confirmed with an hourly candle close above. A bullish continuation will be expected to 0.9045 then Alternatively, a bearish breakout of a trend line will trigger a bearish continuation. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
10
EURCAD: Top-Down Analysis & Trading Plan 🇪🇺🇨🇦 EURCAD is approaching a peculiar horizontal demand zone. The price formed a doji candle, testing that on a daily. Analyzing a 4H, I spotted a double bottom with a higher low. 1.458 - 1.462 is its neckline. If the price breaks and closes above that on 4H, I will expect a bullish movement. Goals will be 1.469 / 1.473. If the price sets a new low though, the setup will become invalid. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
3