hunlion's Blog

Avatar

USD/CAD pair is trading in a Channel

Hello Guys ,
The USD/CAD pair is trading in a Channel on the 4H chart , now it touches the bottom of the channel at 1.2750 which means that the price will go back up to reach the upper line at 1.2900. in case the price close under the level 1.2750 with a 4H candlestick wwe'll see a downward movement .
Read full story
Translate to English Show original
hunlion avatar
hunlion 23 May

reach the take profit , and went back down another time from the upper line

orto leave comments
Avatar

AUD/USD Trading inside a channel

Hello Guys ,
The AUD/USD pair is trading inside an upward channel which means that a break out this channel will define the future trend of this pair , breaking the support line of channel means a bearish trade while penetrating the resistance line of channel a bulish trade , lets wait and see ! !
Read full story
Translate to English Show original
hunlion avatar
hunlion 8 May

Break down and go downward

orto leave comments