⬆️ CADCHF professional shopping area in H4
The price comes from completing a channel with a broken trap in the fourth touch of support, an advantage zone in our favor, and there the pair confirms the activation of the purchases, marked by the arrows in the graph that specify the double zone of statistical advantage horizontal and bearish guideline. When a confluence of supports appears, the price costs much more to overcome it, and usually reacts against it, and that is what has been done, all supported by repetitive bullish divergences of macd. We will look for the following search objectives, only if the support it has looking at daily timeframe is respected and is created an accumulation zone with bullish divergence.
The price comes from completing a channel with a broken trap in the fourth touch of support, an advantage zone in our favor, and there the pair confirms the activation of the purchases, marked by the arrows in the graph that specify the double zone of statistical advantage horizontal and bearish guideline. When a confluence of supports appears, the price costs much more to overcome it, and usually reacts against it, and that is what has been done, all supported by repetitive bullish divergences of macd. We will look for the following search objectives, only if the support it has looking at daily timeframe is respected and is created an accumulation zone with bullish divergence.