on the weekly timeframe we can see a bullish engulfing formation in the weekly support area and on the daily timeframe, price has also broken the trendline which is strengthened by a bullish divergent on the RSI and this gives us an indication and an opportunity to buy. wait some correction before jump into buy position. orange lines will be our targets
I forecast USD CAD , we see a possible buy. Entry: Market 1.31816 SL: 1.31441 37pips TP: 1.33273 145pips
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It is now reaching the support, it may swing a little, then head towards the upside, the resistance, according to the scenario that you drew. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will...
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Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It cannot break the support, so it will rise towards the resistance indicated in the chart *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will...
USDCHF may be ready for a long trade after the corrections taking the form of an ending diagonal. A stop loss placed few pips below 31/08/2020 rejection candle with target price above 0.92000 swing high N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
USDCHF - Trading in a narrow range, I am expecting it to come down. Wait for it to come close to 0.90880 for short sell Maintain stop loss around 0.91070 Keep target around 0.90490 Follow the levels properly as mentioned and use proper risk management. Traders, if you liked this idea hit the like button & write in the comment section. Why you should follow...
Pair name - USDCHF Action - SHORT/SELL ENTRY - 0.9078 TP - 0.9025 SL - 0.9130 TRADE STATUS - OPEN
USDCHF H4 CHART Hello Traders 👋If you find this analysis useful, please support me with your likes and comments. If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
The price reversed from a major support area and did not break this area The price after the reversal showed slight buying power I expect to buy in the short and medium-term unless the price breaks the support zone down
We will wait for the price action confirmation to make the entry.