TradingView
duffy990
Feb 17, 2019 7:04 PM

audcad break or bounce?  

FX:AUDCAD120
Australian Dollar/Canadian DollarFXCM

Description

⋅
audcad at key level, potential break and retest or bounce? either way good rr long or short. anybodies thought or suggestions appreciated. thanks
Trend AnalysisChart PatternsTechnical IndicatorsAUDCADbreakoutretestbounceaudCAD
Comments
Captain_Walker
⋅
The most conspicuous trend is on the 8H time frame. See below. The band of congestion is quite powerful. Based on both factors, the pressure is for the south.
bwo99
⋅
break
bwo99
⋅
@bwo99, into the .948 region, then looking for a pullback into .943 - .942 region before pushing higher.. only looking for buys due to the bullish rejection on the monthly time frame .915
bwo99
⋅
@bwo99, now take off
More