Hey guys,
I hope you enjoyed your weekend!
It looks like we are having a head and shoulders pattern on AUD/CAD on the H1 timeframe.
I am looking for a small rebound and if I see any bearish evidence I will short, my target will be the neckline.
I will detail the trade if I take it.
Best
Jesse
I hope you enjoyed your weekend!
It looks like we are having a head and shoulders pattern on AUD/CAD on the H1 timeframe.
I am looking for a small rebound and if I see any bearish evidence I will short, my target will be the neckline.
I will detail the trade if I take it.
Best
Jesse
Trade active
Comment:
Target @ 0.97270
Comment:
Strong rejection of 61.8% fib level
Comment:
Trade going well so far, but I don't think I will keep it til it reaches the neckline, it's not enough volatile.
I will get out of the train at next fibo stop....
I will get out of the train at next fibo stop....
Comment:
Since I don't have any other open trade for the day I will finally keep this one but will close it in a couple of hours; we have indeed a bunch of "red" news on AUD.
My final target (if reached in a couple of hours) is 0.97300. If not, I will close it manually.
Best
Jesse
My final target (if reached in a couple of hours) is 0.97300. If not, I will close it manually.
Best
Jesse
Comment:
We have a rising volume while the pair is going down = downtrend in place.
Patience patience.....
Patience patience.....
Comment:
Let's try not to fall asleep while trading with this pair... ;o)
Comment:
Most important M15 candle of the session in terms of volume = bearish
Comment:
The triangle is about to break down
Comment:
patience is finally paying :)
Comment:
Comment:
Took a nice profit yesterday before the news and entered again short @ 0.97650 sane target @ 0.97300
Comment:
I am expecting one more push down, at least to complete the pattern
Comment:
ZZZ Mode
Comment:
I am selling any pullback
Comment:
PB looks to be over
Comment:
#REMINDER *** Forget this pair, even if there's a nice setup in place ***
Comment:
nearly seeing the end of this long trade ;-)
Comment:
PB looks over
Comment:
TARGET AT 0.97250
Comment:
Volume is decreasing suggesting the PB is nearly over... PATIENCE PATIENCE!
Comment:
Just broke its corrective structure = pullback should be over now
Comment:
Goes and test 23.6% fib level again ... yay
Trade closed: target reached:
Got out at 0.97300 ! I am done with this pair, I hope you guys made some nice profit as well !
Trade closed: target reached:
Target of 0.97250 was reached as well.
Have a good day guys!
Jesse
Have a good day guys!
Jesse
