Its rejecting 0.74770 If it fails to breakout that level look for selling opportunities Immediate Support Level 0.73641 follow kingprenuer for more Analysis
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.7039). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADCHF is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
This is another setup which respects my trading strategy.. Any queries-Comment Happy Trading
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.693). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance....
Dear trend This analysis is an example of how to use vertical trendlines to identify patterns existing in a market structure. The shaded area is a correction zone measured using Fibonacci Retracement 50.0_61.8%. Cheers
BUYING BREAK THE TREND LINE 🙏The best "THANK YOU" will be your likes and comments!.🙏 Check today analysis below Stay safe everyone _____________________________________________________________________________ Before trading our ideas make your own analysis. Thanks for your continued...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6945). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Strong Demand zone, im expecting a growth of the price from here
A possible break and retest above the resistance will confirm a double bottom and a possible buy confirmation 📈