The counter is currently trading around a strong resistance zone that triggered a sell-off previously. According to the wave, it has now completed the ABC correction for the down move it made. Further, the entire setup looks like a head and shoulder in the higher timeframes. Hence, we expect the pair to move down from here.
AUDCAD The price has respected the channel once more and I believe it will reach the dotted line to come back down again and reach the purple zone. Wait for the retest before taking your entry. . . . El precio respeto el canal una vez mas y creo que el precio llegara hasta la linea punteada roja para volver a bajar y llegar hasta la zona morada. Esperen hasta que...
Hello Traders! ------------------------------------------------------------- 🚀Sell Execution according to the market.
Open Position: Sell 0.96160 (valid until 17.09.20) Take Profit: 0.95695 Stop Loss: 0.96602
Lots of confidence behind this trade lets see if it manages to get that lift off power.
This is a SELL up here - working Double Top. Tight stops, could make a run at 0.96 then try again! It is a looong way down so it's worth a try - or even several!
AUDCAD The price is going down on a channel and im hoping for tonight that the price respects the level as a ceiling and continues the way down near level 0.945. . . . El precio esta bajando por un canal y estoy esperando que el precio respete la zona donde esta en este momento como un techo y vuelva a bajar hasta tocar el nivel 0.945.
* The signal are tested in 3,5 years. Winrate stability over 52% every year. Risk: 1%. * Tradingview's backtest time ~ 3.5 years/Premium account, differs between currency pairs (Cryto is the default backtest time is shorter because the market is open both Saturday and Sunday: about 2 years) - Base on order: 2 ways to enter or combine both. Method 1 + Keltner...
price hit 0.618 fibs and holding above looks good here need more volume and good bounce from this zone for trade
AUD/CAD is in a Flag formation, coming out from a leg down, which is expected to result into another leg down. I am in since 0.95642 and I am taking profit sligthly above 300 level. For the current setup to remain with a good risk reward ratio, I reccomend taking profit slightly above 0.95220. Good luck with this trade, looks all good to me! Tibor
The price action has been trading within a channel. Recently getting rejected by the resistance level is expected the price to turn into a bearish momentum towards the channel's support level. The order: Type: sell-limit S/L: 30 pips - R:R | 1:3.5 - T/P: support level -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just...
*ENG* - Price moving into our supportive trendline. - Looking for a possible break and an entry short. - Since price is moving very correctly, we can see a bigger move to the upside. *PT* - Preço a mover-se em direção à nossa trendline de suporte. - Estamos de momento a procurar por uma possível quebra seguida de uma entrada em short. - Devido ao facto de o...