Boltnet

Boltnet

1HRS TIMEFRAME Overall trend: Downtrend pattern Pattern Used: downward channel pattern and harmonic pattern An indicator used: 20 EMA Analysis: it broke the zone during the bearish movement from price level @0.65750 to @0.65180. It retests the zone @0.65420 and now retraces using the zone as resistance. alternate analysis: at this point, it can keep maintaining...

Boltnet

It is in a downward trend following a downward trend channel from the daily timeframe it broke the previous high forming a retrace and to re-test to form new support. changing the market structure to a bullish movement We take a buy entry

Boltnet Updated 

USDCAD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1, TP 2