chartpattern
nakedchartanalysis
trendanalysis
usdcad
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Price was break the bullish trend line and touched the support zone before making the re-test Waiting for the 4h candle close below 1.21230 then short, 1st TP target is 1.20565 and 2nd TP is 1.2000 Have a nice day
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as you can see there is a divergence signal on 4H TF and head-and-shoulders pattern is forming, if its success formed I will waiting for a bearish engulfing candle as a confirmation and enter the trade with target price at 152.400 which is a support zone
7
as you see price was touched major and strong support zone which is a lowest price since Sep 2018 Its good opportunity long position with 1st TP at 1.22230 and 2nd TP at 1.23600 (the resistance zone) and SL at 1.2040 Happy trading #nakedchartchallenge
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