Hello traders, I see a possible sell trigger for AUDCAD soon.... AUDCAD broke the weekly resistance zone now consolidating above the zone obeying the trend line as well which signals more bullish induction....Constant consolidation above the zone forming a wedge shows that price is about to pull back from the bullish ride....If the H4 TF should form a wick above the new R zone it gives the trigger for a sell
Feel free to give ur comments or views to this, Thanks
Feel free to give ur comments or views to this, Thanks
Comment:
AUDCAD sell is still possible, I guess there was a lot of sellers in the market today, possible sell tomorrow
Comment:
Sell is still very possible, i see more buyers induction, sell coming up in NY session
Trade active:
Caught the nice sell from this pair 50+ pips and still running, got my entry with M @ the high of the day