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USDCAD / BREAKOUT ASCENDING CHANNEL - 4H

136
USDCAD / 4H TIME FRAME

HELLO TRADERS

Tendency , prices is under downward pressure , until trading below turning level at 1.360 .

Downward Condition : With the price holding steady at the current turning level at 1.360 , it is likely to decline towards the support level of 1.354. If it stabilizes below this level, it could then reach the next target level of 1.350 .

Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 1.360, leading to a rise toward the resistance level (1) at 1.369 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 1.376 .

TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 1.369 .
RESISTANCE LEVEL (2) : 1.376 .

TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 1.354 .
SUPPORT LEVEL (2) : 1.350 .

TURNING LEVEL : 1.360 .
Dagangan aktif
syot kilat
Dagangan aktif
syot kilat
reached full target + 90 pip .
The prices are under bullish pressure and may attempt to reach a supply zone. If they break through this level, they are likely to rise toward the resistance level. However, if they stabilize below the supply zone, it suggests still continues attempt to reach the support level.

Penafian

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