AUDCAD currently sits on a strong FIBO level which is also a nine months low which may show a sign of bullish for the pair, we may see a buy from current level... get prepared
Pair : 0.96000 Prediction: Buy / Long Target: 0.96000
AUDCAD was travelling within a descending channel on the Daily chart for a long time until price broke out to the upside and formed an ascending channel which is marked out with the black lines. Price is now at the bottom of the channel and it has also formed a doji candle, this indicates a reversal in price to the top of the channel. We will keep you updated on...
Prediction: SELL Looking for further downtrend move
AUDCAD Long the structure pull back Broke Neckline and formed a cup and handle. DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight into my trading techniques, you should do your own due diligence and not take this information as a trade signal. Thank you for support and likes. Feel free to comment below.
for those following me, you would have seen i noted it was coming to this point. question now is will the bulls push back up. i think we will see a reversal to 0.92713 if it breaks the blue line then wait for confirmation to sell.
AUDCAD BROKE DAILY TREND RETRACED AND IS ON ITS WAY TO A HIGHER HIGH LETS SEE WHAT THE BULLS DO THIS WEEK
On the daily time frame AudCad is looking at further down movement. The lower range has already been broken and the indicators show power that might also break the support. So AudCad sell position can be profitable to hold for 1-2 days. Entry: cmp TP: 0.97 > 0.9645 SL: 0.9820
Cypher completed under my nose in the first half of the last 60 minutes. Thank the market wizards for entry orders, lol. There could be a retest or even a break below with such a sporadic move. If you get involved remain aware of price action nearest term.
Take Entry @ 1.00148 Take Profit @ 1.00904 Stop Loss @ 0.98637 Best of Luck !!
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron