CNH possible bounce off support and bear channel

I can see a possible setup building here in the next couple of days.

The bottom of the channel down coincides with a supply and demand zone right now, so there's two reasons to keep a good eye on the pair at the start of next week.

I will be watching the two other indicators as well.

For the Quadratics we need the Difference line (white) to pop up above the centre line, and for the ATR to start increasing at the same time.

For the Heatmap, we'd like to see the OBV (again white) line stay oversold then start to rally, and the heatmap to start going a little bit green at the same time.

Getting ALL these in line would be very propitious, so I'd probably accept just one of the lower indicators, and start checking lower timeframes for entry.

Credit to @Mayfair_Ventures for all four indicators.

Anulowano zlecenie:

The indicators never gave the signal, trade not taken