Forex Zone - Forex Forum

CADHKD

Discussion started on Technical

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Cadhkd Explanation of the daily timeframe: a small bearish shape from yesterday's daily candle and indeed the uptrend is still supportive Explanation of the H4 timeframe: the reference price for our SR on h4 is at 5.84xx and 5.82xx as our next break moment Explanation of the M15 timeframe: until now the uptrend at M15 still looks very strong and we will wait for a pullback

Linkback: https://www.forex.zone/technical/11/cadhkd/3202/
#1 - October 05, 2020, 01:23:05 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Cadhkd Daily timeframe explanation: yesterday a strong bullish formed in this pair so today we will follow up Explanation of the H4 timeframe: today's mother breakouts are at 5.84 and 5.82 and should be a body break not a shadow Explanation of the M15 timeframe: the current condition of M15 is still in an upward direction and we will focus on buying only when it is corrected
#2 - October 08, 2020, 01:51:14 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Cadhkd Explanation of the daily timeframe: a bearish doji is a form of yesterday's candle meaning we will follow sell Explanation of the H4 timeframe: the mother candle for today is 5.99 and 5.95 and we will wait for the lows to be broken Explanation of the M15 timeframe: for the direction of the trendline M15 is pretty good down, we will sell after the price corrects upwards

 
#3 - December 01, 2020, 12:49:24 AM
Attachments:

Members:

0 Members and 1 Guest are viewing this topic.