H4 time frame.
Structure: Downtrend
At the price zone of 0.72000, there is a divergence signal with the MACD indicator and a double top reversal pattern.
Wait for the price to complete the pattern and break the Key level at 0.70900 and have a confirmation retest signal, then you can find selling opportunities.
Profit target is 0.70000 and 0.690000 price zone.
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Wish you all have a good trading day!
Structure: Downtrend
At the price zone of 0.72000, there is a divergence signal with the MACD indicator and a double top reversal pattern.
Wait for the price to complete the pattern and break the Key level at 0.70900 and have a confirmation retest signal, then you can find selling opportunities.
Profit target is 0.70000 and 0.690000 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.