Hey there,
In weekly timeframe price touched the blue line much time
In daily timeframe, we consider it as a powerful support resistance zone.
Hourly chart we waited for the perfect entry
Then we got an-------( head and shoulder)------- pattern
An buyers can not push the upside.......
That means sellers are preparing to make the trend bearish,,,,,,,
We can sell in this zone (. 67777 ---0.67690)
TP ---1 =========0.67350
TP ----2 =========0.67050
TP ----3 =========0.66440
Take a better risk management........
I consider SL would be 0.67970
Be happy,😁😁
goodLuck🤗🤗
CADCHF
In weekly timeframe price touched the blue line much time
In daily timeframe, we consider it as a powerful support resistance zone.
Hourly chart we waited for the perfect entry
Then we got an-------( head and shoulder)------- pattern
An buyers can not push the upside.......
That means sellers are preparing to make the trend bearish,,,,,,,
We can sell in this zone (. 67777 ---0.67690)
TP ---1 =========0.67350
TP ----2 =========0.67050
TP ----3 =========0.66440
Take a better risk management........
I consider SL would be 0.67970
Be happy,😁😁
goodLuck🤗🤗
CADCHF