FX:AUDCAD   Australian Dollar/Canadian Dollar
FIRSTLY TAKING A LOOK ON THE MONTHLY CHART WE CAN SEE LAST MONTHS STRONG TEST OF THE 50 FIB AND THE DESCENDING TRENDLINE IT HAS SO FAR ACCEPTED, BUYER POWER BROKE DOWN AND THE CANDLE ENDED AS A BEARISH SPINNING TOP , SO FAR THIS MONTH WE HAVE TESTED BOTH THE UPPER TRENDLINE AND THE 55MA AFTER RETREATIG LAST WEEEK

THE DAILY CHART IS WERE I HAVE DRAWN A HEAD AND SHOULDERS PATTERN FURTHER BEARISH CONFIRMATION, WITH THE LAST TWO CANDLES FORMING A DOJI AND AN ENGLUFING BEARISH ON FRIDAY

WILL BE LOOKING TO ENTER DURING THE ASIAN SESSION SOMEWHERE AROUND 0.985 1ST TP 0.955

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out