Double tap on the 1D AUDCAD chart with price action heading down toward the neckline @0.9950. I will enter a short order at the break of the neckline with a stop loss at @~.0300 and first profit target @0.9600.
Gold seems fundamentally strong and oil seems fundamentally weak.
Gold seems fundamentally strong and oil seems fundamentally weak.
Comment:
It looks as if the neckline at .09950 held as support. I took a 4H long position on an engulfing bull candle for a 2.4:1 trade.