Looking at the chart I'm provided, here's a quick technical breakdown:
---
📉 Chart Analysis
Pair: Likely USDCAD (based on visible digits and style).
Pattern: Bearish rising channel has broken down.
Breakdown Confirmed: Price has clearly broken below the lower channel support, with bearish continuation signs.
Ichimoku Cloud: Price has moved below the Kumo (cloud), which confirms downside momentum.
Red Arrows & Levels: You've drawn a zigzag-style projection with two target zones marked.
---
🎯 Identified Target Levels (approximate)
Based on your chart's drawing and current price (1.3710):
1. Target 1: Around 1.3660
2. Target 2: Around 1.3620
These correspond to the two red horizontal lines marked "TARGET" in your chart.
---
✅ Summary
Sell Bias Active
Target 1: 1.3660
Target 2: 1.3620
Invalidation (Stop Loss suggestion): Above 1.3745–1.3755 zone (back inside channel or Kumo)
Would you like a more precise projection using Fibonacci levels or a cleaned-up chart version with these targets plotted clearly?
---
📉 Chart Analysis
Pair: Likely USDCAD (based on visible digits and style).
Pattern: Bearish rising channel has broken down.
Breakdown Confirmed: Price has clearly broken below the lower channel support, with bearish continuation signs.
Ichimoku Cloud: Price has moved below the Kumo (cloud), which confirms downside momentum.
Red Arrows & Levels: You've drawn a zigzag-style projection with two target zones marked.
---
🎯 Identified Target Levels (approximate)
Based on your chart's drawing and current price (1.3710):
1. Target 1: Around 1.3660
2. Target 2: Around 1.3620
These correspond to the two red horizontal lines marked "TARGET" in your chart.
---
✅ Summary
Sell Bias Active
Target 1: 1.3660
Target 2: 1.3620
Invalidation (Stop Loss suggestion): Above 1.3745–1.3755 zone (back inside channel or Kumo)
Would you like a more precise projection using Fibonacci levels or a cleaned-up chart version with these targets plotted clearly?
Trade active
trade activeTrade closed: target reached
target done
t.me/Gold_Analysis_Experiment
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
t.me/Gold_Analysis_Experiment
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.