Hi guys, few days ago i've published a shorting opportunity on this pair. But that doesn't mean we can't change our mind. In this particular case, i've missed the short entry but that was in fact a counter trend trade. Now price has retraced back right on the previous resistance that was broken and that could turn into support (black box). Since we have a double...
Hey guys, if you are familiar with harmonic pattern you'll know there are two Gartleys setting up on AUDCAD. A bearish one and a bullish one, so we have a decent opportunity anyway. This is called "bracketing the market" and it could happen very often with advanced pattern formations. Both patterns are valid, but the yellow one is in accordance with the major...
Hey guys, if you are familiar with harmonic pattern you'll know there are two Gartleys setting up on AUDCAD. A bearish one and a bullish one, so we have a decent opportunity anyway. This is called "bracketing the market" and it could happen very often with advanced pattern formations. Both patterns are valid, but the yellow one is in accordance with the major...
This is The Best Setup Ever. C leg is extremely streched shows bearish pressure.Any short trade cannot be better than this one. Best of luck Muze (aud/cad)
Take Entry @ 1.00148 Take Profit @ 1.00904 Stop Loss @ 0.98637 Best of Luck !!
looking for a retrace back up to the 50ema (red) and a retest of the 50 ema and trend line and a fail. Once it fails and begins to head back down to the lower trend line a sell position can be taken.
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
A week of decissions stays ahead this week (50th week`16) ... 1.03975 start of extended downside trendline (november`16) 1.00947 end of extended downside trendline (november`16) This could be an usefully long/short decission helper! 0.99394 1st high this month (december`16) 0.98427 1st low this month (december`16) 0.98439 1st test of this month...
Audcad showing Strong Bullish pin bar on Daily Chart and Strong support around 0.9710 Level So We Advice Buy audcad pair around 0.9810-0.9760 Level with sl below 0.97 where TP1 0.99 and TP 2 1.00
If the price pullbacks to .955999 or.95887 level, I think it is a very good possibility to buy this pair. I expect a 250 pips profit in this trade. Stop loss can be placed in between 61.8% or 78.6% fib levels.