USDCHF - Selling Opportunity.
Analysis Timeframe: 1D.
Selling opportunity on USDCHF if we observe price confirming a downward breakout of the chart pattern with a strong candle. Our profit target will be set at the last low before the formation of the mentioned pattern. As for the Stop Loss, we will place it above the fast-moving average acting as resistance. (🇮🇳)
USDCAD - Selling Opportunity (Part II).
Timeframe of the analysis: 4H.
After the first analysis on USDCAD with double Take Profit and having already achieved the first one, the price has formed a bearish continuation pattern that we hope will break in the next move and take us to the final profit-taking point.
EURUSD - Buying Opportunity
TF analysis: 4H.
Buying opportunity in EURUSD in the event of seeing the price confirming a false breakout of the chart pattern it was in, while also rejecting the moving average acting as support.
USDCAD - Opportunity: Sell after chart pattern breakout. Timeframe of the analysis: 4H.
We observe convergence of different signals confirming our strategy to enter a sell position. We place the Stop Loss at the last high and set two Take Profit levels, one moderate and another with a higher projection and longer-term.
EU is Bullish Retracement on 4hr time frame.
Daily, Weekly is Bullish Close. But, Monthly is on Still Bearish Trend pressure.
It may be Heading towards the 1.0000, above the parity level. From Parity Level there was probability of going Bearish/Bullish after the Break of the Structure.
Kindly, Trade with the Risk & Money management Rules. Thank...