the AUDCAD structure on this still supports an uptrend
wait for a reversal then enter long. note the support
level and resistance i have put as guide.
SEE ALL OUR PREVIOUS ANALYSIS BELOW
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
AUDCAD Long the structure pull back
Broke Neckline and formed a cup and handle.
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.
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...
AUD/CAD has consolidated in the 0.98 area for the past 2 weeks and does not seem to want to go back down.
This could potentially very well be a bullish continuation pattern if the current support holds.
We can expect it to go up at least 100 pips as soon as it breaks upward.
As always, I would like to remember you that risk management is key in success in this...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Sorry this is one I forgot to add in this morning, I've already entered on AUDCAD but there is an opportunity arising to jump in soon.
30M has completed a Bullish Golden Crossover (EMA50 Above EMA200) and we are seeing the 1H chart is now preparing to cross over.
Price broke out of the short term bearish downtrend above the trend line and heading towards first...