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nboone nboone AUDNZD, D, Short
AUDNZD: AUDNZD - Bearish breakout from descending triangle
87 0 2
AUDNZD, D Short
AUDNZD - Bearish breakout from descending triangle

After testing the lower bound of this descending triangle, AUDNZD appears to have made a jump lower. A pending sell order is set at 1.038 to catch this bearish breakout. This price point was selected in consideration for the 1.04 psychological support level. However, this is still a bit of a risky entry as the lower indicators are showing oversold values. Recent ...

RCP RCP USDCAD, 60, Short
USDCAD: USDCAD: Big move, after the Big Triangle
382 6 7
USDCAD, 60 Short
USDCAD: Big move, after the Big Triangle

Hello Traders! Today FX:USDCAD is on my radar. Here is a very nice shorting opportunity. At last the price has broken a big triangle, found support @1.3175 and forming a flag pattern, and this means that market is going to fall even more. We have 2 opportunity to go short: 1. Sell around the PRZ, 2. Wait for the market to break the flag and support, retest it ...

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