All my trades are done in cycles, I look to see what is about to happen based on the S&R. I am bullish up to the trading range above, and for the price to hit that bottom of the range, but I execute on micro time scales (4hr 1hr 30 etc) with macro S&R (2month, month, bi weekly, weekly) I wait for price to hit these key levels and wait for price action signals to...
Price is located at a strong weekly support. I broke the down trend line, made a double bottom and then consolidated. Broke the consolidation, came to retest it and is showing some bullish pressure Again. I`m going long.
AUDCAD test previous resistance keep watch ENTER ABOVE 0.92300
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.
i am looking for a breakout from the red line down and i will look to enter then. please like, follow and comment :)
Again AC is bounce on high probability trendline, what is most likely turn price over again. Good R/R also.
Buy Idea at green and yellow zone. green is daily zone and yellow is weekly. will have a .01 and a .03 at yellow with original stoploss
This will be the 4th touch of this zone since it broke out on the monthly timeframe. Could this indicate that this will be the month that breaks the zone for good? Or Will it react to the zone and go bullish off of its last engulfing? O.o
This pair might opt to drop a lil bit to complete the other shoulder before it heads up, for those with healthy accounts they can buy it now, the SL will be below the Head anyways,
Im searching for more confirmations here, I see the bearish gartley here, you either ride the D leg up with the buy or you wait to sell when that D hits(no pun intended). But Im really looking for more confirmations for this pair.
AUDCAD bearish divergence plus strong resistance from daily TF. let's see, where it takes us.. enjoy the profit. Chart is pretty self explanatory. Please hit "LIKE" to support & follow for more ideas. Vinny
The Academy Traders: AudCad broke the ascending trend line with a clear ABC. It is also a rejection of the monthly resistance. expecting to be hit the -27 of the fib and even lower.
Pair makes an incredible upward movement and is supported by the 0.9830 price level, so it will keep pegging upwards to go towards the end level at the 1.0050 level. Pegerakan quite promising because there is a line resitance and support lines side by side. If the price does not move down to the level of 0.9800 then this movement will continue. A retrieval to the...