Weekly double top formation and daily head and shoulders. Entry confirmation occurred with a TL break and MA crossover
Did 5 waves to the upside on daily timeframe. Hit strong resistance levels around 1.03444. Currently on wave 2 within correction wave A, which means wave 3 will drop soon. Im thinking a drop to 50% fibonacci levels.
Looks like a head and shoulders. The head rejected the trend line and the blue resistance area.
Hey Guys, We may have Blue or Red: Blue: More downtrend. Red: One more up and then have an ABC correction to sell. Watch for these moves! - Hola Chicos, Tendremos camino Azul o Rojo: Azul: Continuación de la tendencia. Rojo: Un movimiento más arriba para hacer una corrección ABC y después caer. Estad al tanto! Carlos
Hi guys, today i want to show some of my day trading ideas: here on AUDCAD price has formed 3 valid points for a Bat pattern. I'm waiting to see if price can reach 1,0230 level. There i wil be selling with stops above X and target1 and 2 at 382 and 618 retracements. If you want to share your thoughts or ask questions, feel free to comment below. Otherwise, see...
Hi traders, On the AUDCAD I'm looking to enter short based on this price movement. We have a nice bearish impulsive move, that dropped 65 pips in 22 bars. The retracement is 41 pips in 62 bars. This all indicates that the bears are in control. We also had a nice rejection off of the 61.8% Fibonacci retracement. Target 1: 1.01925 Target 2: 1.01750 Good luck traders!
Hi guys, today i want to show some of my day trading ideas: here on AUDCAD price has formed 3 valid points for a Bat pattern. I'm waiting to see if price can reach 1,0230 level. There i wil be selling with stops above X and target1 and 2 at 382 and 618 retracements. If you want to share your thoughts or ask questions, feel free to comment below. Otherwise, see...
It is a brakout of the consolidation following an advanced pattern on Daily.
Price has broken a bullish channel what indicates a good oportunity to go short. Now price is overselled, we must expect some correction(pullback) . Then, we will have one support level to put one of our targets. If price brokes that level, we can expect another bearish movement.
Hello everyone, we have an opportunity to short this pair based on harmonics. For any questions leave a comment or DM me. Good Luck
AUDCAD other SHORT term view SHORT confirmation plan
AUDCAD Resistamce rejection SHORT term
Don't mind the title.. it was just a little fun and a laugh :) I've posted this privately several months ago and for the last week there has been crazy activities in the Aussie stock market. The recent rally and broke through the highest since 2015. Aussie dollars plummet last week and finally finding some grounds again I am seeing an alignment between AUDCAD,...