My trading journal using technical analysis

[Rockfx]

The USDCHF pair formed a descending channel on the H1 timeframe. The price broke below the support level of 0.8296 and consolidated below it. This level has now become resistance, with the first selling target from here potentially being the support level of 0.8264, and the second target being the support level of 0.8224.

 

[Rockfx]

An ascending channel has formed on the USDJPY H1 timeframe. During its upward movement, the price approached the resistance level of 158.16. If the price breaks through this resistance level and consolidates above it, the target for continued upward movement could be the upper boundary of this ascending channel.