My trading journal using technical analysis

[Rockfx]

An ascending channel has formed on the USDCAD H1 chart. The price is approaching its upper boundary, which could be a potential downward reversal point. The RSI indicator is also showing divergence, which could also confirm an imminent reversal. If there's a downward rebound, the first sell target could be the support level at 1.3869.

 

[Rockfx]

The USDCHF pair shows an ascending channel within a range on the H4 timeframe, bordered by resistance at 0.7923 and support at 0.7775. However, a downward rebound from the upper boundaries of the range and ascending channel occurred earlier. The downward movement may continue to the lower boundary of this ascending channel.