27.06.2024
The trend is down. The pair is trading in a range between 365 and 135 EMA on the H1 timeframe and 200 ЕМА on the H4 timeframe. The ascending truncated wave structure ended with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator.
Trading idea:
Buy at the breach of 0.6541
Stop-loss at 0.6568.
Target price levels at 0.6500 and 0.6450.
#cadchf #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
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