Price make a nice movement make a bullish channel pattern, already touch the support and make a nice confirmation to so i’ll take a trade on this pair. if you all gonna take a trade to remember always to took your money management!!!
Following the trend line at daily chart we can see clearly the bearish channel pattern and the price already touch the resistance line of the channel pattern. With all information we got and the confirmation are created, by using resistance area i will put my stop loss on it. Remember use your own money management guys !
At daily chart, price make a nice bearish channel pattern and already touch the resistance from the channel to. Confirmation already created by the price with the big red candle and still waiting for the other confirmation to take a trade on AUDCAD.
price make bearish channel pattern before but the price already touch the support from the channel and it will be chance for bunching up to the target, the other confirmation has made it like big green candle so i can take a trade on it. Remember use your own money management
Structure from the price always be a continuation and consolidation. In this case from the EURCAD in time frame, 4h price still in consolidation and waiting for confirmation price will be continuation for falling down or will be bouncing up to the top. in my opinion, this EURCAD will be falling down like what happened before, the chart already makes a flag pattern...
The price make nice break out for short trade with many confirmation on it, as you all can see channel pattern from daily price already touch the upper resistance channel pattern with nice breakout from the flag pattern and resistance area. The price also make nice big red candle confirmation so i assuming it will low as target. Remember your money management !