Trader
CADCHF at a major level ,lets look at the price reactionCADCHF is rallying towards a major buy zone , although the rally is very strong , but that level is strong too , if the price reacts and creates a pattern like engulfing , pinbar , hammer - we can take a entry , with a minimum 1 : 4 risk reward ratio
MOTHERSUMI TECHNICAL ANALYSIS.This is a weekly chart of mothersumi. A nice head and shoulder pattern is broken. It is retesting the resistance and giving a nice opportunity to sell. A nice positional trade is possible. What is your opinion?
Stop buying after breaking down channel downside. We have enjoyed ITC from the bottom. We can also short after breaking down... wait for confirmation I will update in the timeline here.
------------------------------------------------------------------------------------------------
"" WEEKLY CHART ""
------------------------------------------------------------------------------------------------