FX:AUDCAD   Australian Dollar/Canadian Dollar
45 0 0
The pitchfork in the chart is constructed with the action-reaction principle. The Stoch warns us of a continued downward action. I earlier said in a larger time-frame view that it is unlikely for the bears to break the horizontal support down; now it doesn't seem that unlikely. So we are waiting for a good battle around that line. I will not change my opinion, which is bullish , though, unless I see that the LMLH is broken.
Comment: The hourly view:

Trade active: LONG! After a nice visiting of the old top, I am up for throwing the dice for this pair to refurbish immediately above the weekly support.
Comment: I have taken the profits now, waiting to re-enter.
Comment: I was being very amateur with the temporary T/P. Anyways, now it seems the hourly chart shows how smart money comes into the arena. I will re-enter as we see the correction to the beginning diagonal.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out