Previous short idea has completed. ( ) I am watching this with some conflict-ion. This could go higher as projected.
I am expecting a bounce up here before it keep moving down. Look for bearish evidence in the area, it is making a double bottom right now and some divergence on the RSI. Like if you agree, follow and support please!
There is a potential Bullish Cypher in AUDCAD completing at 1.0227. Stop is below X, targets at 38.2 and 61.8
There is a potential Bullish Gartley in AUDCAD completing at 1.0215. Stop is below X, targets at 38.2 and 61.8.
There is a potential Bullish Bat in AUDCAD completing at 1.0185. Stop is below X, targets at 38.2 and 61.8.
FX:AUDCAD Safe Trades;
TAKE A POSITION SHORT @ 1.00600 AND IF IT BREAKS OUT IS GOING @ 0.98000
There is a potential Bullish Cypher in AUDCAD completing at 1.0095. Stop is below X, targets at 38.2 and 61.8.
Hi Everyone, Thanks for the support! Today AUDCAD has broken through a very strong resistance zone and looks like it's going to leg up higher on expectation of strong CPI numbers from Australia. This is a swing trade that I will be taking. Entered to buy 1.0174/ Stoploss at 1.0077 target one at 1.0301 target two at 1.04000 target three at 1.04950 if target...
buy @ 0.99618 I don't think this XA leg is very clear cut but I will use this pattern to enter into a trend-continuation trade. Also this pattern allows me to put stops below the 0.9983 weekly major support line as well as below the previous highs that repeatedly bounced off 0.9940-60.
FX:AUDCAD Safe Trades;