Get started
Pika7993

Buy analysis

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Pika7993  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators support Support and Resistance AUDCAD Relative Strength Index (RSI)
3
2
trendanalysis chartpattern indicator support supportandresistance audcad relativestrengthindex
Looking for some buyer momentum off .97800 support.

MACD and Signal are set to cross which will create an initial volume push to the 0 line with continuation momentum pending 0 line cross.

RSI is floating out of oversold zone looking for a momentum kick.

TP 1 at .98300 with retest at .98500. Stop loss below .97800 support with a close out.

Please comment with thoughts and ideas. Thank you.

Related Ideas

Pika7993
Sell analysis off rejection
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.