FX:AUDCAD   Australian Dollar/Canadian Dollar
513 10 22
Good opportunity coming?
Comment: After many days it has finally been touched, and price was strongly rejected there in the magic blue box, who took it?
Comment: but of course we need more time to see if this setup will work, its kind of choppy now, I will not take this trade for now.
nice, Hope cad don't fall
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Piet.Hein arif_awan
yes, at least for now will be good if it remain strong ;)
+1 Reply
I am from canada lol, hope it doesn't fall more, already, dived too deep.
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Piet.Hein arif_awan
yeah, at least this week it could sustain some gains against the rivals. Im from Brazil and believe me, BRL has fallen much more ;) hahaha here the situation is already on the red.
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yes, i hope so, oil is effecting it alot, its like image of it
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Piet.Hein arif_awan
for sure, Oil and CAD walk hand to hand
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lol hand to hand like boyfriend girlfriend, haha
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Piet.Hein arif_awan
hahaha yes :D
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looks like retest
of top trendline then a possible fall to your zone ?
neverless good setup
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Thanks! Well, I dont know, I wish I had a crystal ball :P just kidding! What I see is IF price reach that zone still on the "possible" channel that I drew, and there give a good setup, will be very good to buy because on daily/weekly will be like retest of the trendline like you said. But if this channel not be confirmed, this setup will count as much as a zero :D
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