YOU SEE THE CONFIRMATIONS THAT THIS PAIR GAVE SO WE CAN GO EASY AND MAKE A SMALL PROFIT TODAY AND LONG TERM ALSO
Night spike up tested yesterday reditribution zone and price continue going down.
I think price will fall to hit where daily trendline and hourly trendline meet and i think price will move back up to 38% retracement
see chart for notes hunting bull candles will update as trade evolves
Finally a pair ready to ride the bull. A strong trade if the legs on this analysis are validated. Be patient and always be sure to add a stop loss when you enter a trade. Create a plan and stick to it!!! I will update this one tomorrow. Good luck
the pair has pinged off the 61.8 fib with that also being massive support/resistance on the daily
We see 100 PIPS down from current level and than 200 PIPS up. We take long position but from 0.9970. Risk lovers can Short from 100 PIPS from current level. Let's Watch !!
AUDCAD IS SELLING LONG TERM TO HIT SUPPORT IN THE DAILY CHART.
There is a divergence forming on the MACD, together with stochastic oversold conditions. I expect to see a rally back into the previous resistance level.
NZD could surprise many. This pair can gain serious momentum near term to retest 0.99 level. Thereafter the 1.00 target is not going to be difficult. NZDUSD is also could make a similar strong up move. ---------------------------------------------------------------------------------------------------------------------------------- Trade outlook is about 10-30...
I think the price is at a critical point regarding the trend line, and I expect it to bump back up and hit any one of the support and resistance zones that are shown on the chart. I personally think that it will hit the resistance zone that is on top of the 38% I think the price has reached a support and resistance zone, I am expecting it to go up and hit the 38%...
Hey traders, On the AUDCAD daily timeframe I'm looking to enter long somewhere in the 0.99100 area. We have a 61.8% Fibonacci retracement, 127.2% Fibonacci extension and 161.8% Fibonacci extension. The exact details on this trade will be published later in my tradingroom.
Key support at 1.005 zone has been broken For the past few days, bearish-ness force is still pretty strong. I would expect the downtrend to carry on now that the support zone is broken.
AUDCAD givez a long opportunity with this bullish gartley Entry@1.0013 SL@0.9978 TP1@1.0070 TP2@1.0106 As always, comments are welcome --------------------------------------------- Build a plan, follow it consistently" Regards Rafael
AUDCAD Short term (Trendline &support breakout) EMA rejection
AUD/CAD is currently holding above 200-DMA support at 1.0020, break below will see further drag. The Canadian dollar supported by BoC positive statements post meeting where it held rates unchanged overnight. Brent oil regained bid tone in Asia to trade above the $54.00 mark on speculation the OPEC is set to extend the oil output cut deal by nine...