We hit the resistance, now its pretty clear that we will hit the block i drew in, its an "doji" candle time zone, as I call it, at that time the market was indecisive, now as we hit equilibrium we can see that its now decisive, with an clear long position.
AUD/CAD is looking bearish right now, long it till the block i drew into the chart. After that we can expect a short until the support.
For now it looks like after the support is hit, it'll pump, but we gotta wait for confirmation in a few hours / days.
Update to my last analysis, you can now close your short position with profit and open a long position as we expected we hit the confirmation and are now expecting a big long, mayby it will take a week or two, but i will give you more information to this pair in the next few days.
As Always don't risk anything you can't loose.
Right now it is the perfect opportunity for an long position, the trend lines align really good. But a bearish breakout is still concerning me. Don't risk anything you can't loose.
In the last few Weeks we saw a bearish trend in the eurusd pair.
As you can see i drew a little short into the chart for the next few days.
Close your short positions at 1.2745.
After that wait for confirmation and enter a long position. As always dont risk anything you cant loose.
I already called the pump of the last few Days/Weeks and im sure that my two targets will hit. In the next few days to one week we are going to short to the level that you can see in my analysis. Then we can be sure to pump to a good level at 1.6-ish.
