AUDCAD – Buyers trending might be proven to highs these days
AUDCAD – Buyers trending might be proven to highs these days
Trend: Strong Buy
Support/Resistance:
R3: 0.91447
R2: 0.91023
R1: 0.90719
S1: 0.90522
S2: 0.90224
S3: 0.89947
Price action:
This case is showing very strong momentum versus lazy sellers. From last week price action was high to 0.912 level, where is going following price if it the price can break and hold above level 0.90719. Follow targets too.
Potencial trade idea:
Bulls targets:
T1: 0.91023
T2: 0.91447
Bears targets:
T1: 0.90224
NOTE – We are trading AUDCAD via the preferred trading setups
Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
ELITEFXACADEMY
Trend: Strong Buy
Support/Resistance:
R3: 0.91447
R2: 0.91023
R1: 0.90719
S1: 0.90522
S2: 0.90224
S3: 0.89947
Price action:
This case is showing very strong momentum versus lazy sellers. From last week price action was high to 0.912 level, where is going following price if it the price can break and hold above level 0.90719. Follow targets too.
Potencial trade idea:
Bulls targets:
T1: 0.91023
T2: 0.91447
Bears targets:
T1: 0.90224
NOTE – We are trading AUDCAD via the preferred trading setups
Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
ELITEFXACADEMY
Comment:
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