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GemtradesFX

AUDCAD Long

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
GemtradesFX  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Lines Fibonacci Moving Averages gemtradesfx AUDCAD audcadlong
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trendline fibonacci movingaverage gemtradesfx audcad audcadlong
1 HOUR TIME FRAME
- Rejection off the 50 EMA
- Rejection off the 0.236 Fibonacci
- Several rejections of the ascending trendline

4 HOUR TIME FRAME
- Previous 4 hour candle had large wick rejection off the trendline

Possible retest of the trendline
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