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Swinghigh

GBPCAD short term analysis.Looks like the swing highs and lows are all following a descent pattern or some sort of channel. Hoping that another swing high happens so I've placed a limit order with a considerable enough stop loss and a big take profit however, once price hits take profit, it should bounce back up due to previous support level and that the trendline shows lots of support even going down trend.
Short
by chiefcapitalfx
USD/CNH retracementPrice could retrace back because it touches the resistance line many times and it is appearing to retrace back quite a lot due to many swing highs and less swing lows.
Short
by chiefcapitalfx
112233445566
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Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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