Price is falling to our buy entry at 0.6688, which is an overlap support level, aligning with the 38.2% fibo retracement and 78.6% fibo projection. Our stop loss is at 0.6639, which is a pullback support level, and at the 50% fibo retracement. Take profit is at 0.6757, which is a pullback resistance.
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Price is reacting off our buy entry at 0.6492, and we could possibly see price bounce off this area as there is the 61.8% fibo retracement and 78.6% fibo projection, showing fibo confluence. Our stop loss is at 0.6470, which is the previous swing low support level, and below the 78.6% fibo retracement, to give price space to breathe. Take profit is at 0.6539,...
AUD/CAD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Looking at the Bearish Wall Run-up (my invention RSAI Blueprint Strategy) The price completed the run -down side of the wall of open harmonics. The price is now Oversold on H4 and 40 pips away from a long term target. I do not think it will to the exact point but head back up. It WILL come back later in the future to close that 40 pip gap. For now it will reverse...
Price is testing major resistance at 0.6806 which is an overlap resistance that stretches way back. It also coincides with the 23.6% Fibonacci retracement and a descending channel resistance.
If price were to reverse from here, we could see it drop all the way to support at 0.6626 which is an overlap support and 61.8% Fibonacci retracement.
Please be advised...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
![CADCHF: CAD/CHF [Canadian Dollar/Swiss Franc]](https://s3.tradingview.com/8/8GCa9ydQ_mid.png "CAD/CHF [Canadian Dollar/Swiss Franc]")
