A yearly support zone dating back to 2022 was touched by CADCHF. The price bounced off that zone.
But there is a lack of liquidity, making it difficult to trade long.
The price is likely to retest the resistance level at 0.6800 and make a bauble bottom pattern,
But this time, there might be a liquidity hunt for orders below 0.6800. You should wait until the hunt...
Hi traders, USDJPY is setting up for a possible downside move i am expecting from price to come around our mentioned pattern completion area and looking price action for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
Hi traders, USDCAD is setting up for a downside move i am expecting from price to come around our mentioned pattern completion area and looking price action on the top for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
Hi traders, GBPUSD if price go to our mentioned pattern completion area then i will be looking price action for a short position opportunity.
Trade with your own strategy GOOD LUCK.
Good afternoon everyone,
On the weekly and daily charts I've found a potential head and shoulders pattern. The head of the pattern was on the same level as weekly/ monthly resistance level, so is the neck of the pattern. When the neckline breaks this is will be an indication that a potential drop is on the way.
Also the Stoch indicator tells me that the currency...
