Shorting based on : Broken ascending channel Major RSI divergence
HIGHER HIGHS AND HIGHER LOWS FORMING A RISING WEDGE ! PRINCE JUMPED BACK AFTER HITTING THE RESITANCE ZONE AND NOW IAM WAITING TO BREAK THE TREND LINE TO PUT A SELL ODER TP1@0.99700 TP2@0.98000 AND LONG TERM TP3@0.96000
The Price breaks the recent upward trendline. Bounce back from the resistance zone (1.035x), 2 crows appeared at resistance zone, and a strong bearish pin bar followed with few strong bearish trend bars A Risk to Reward of 1:3 great trade! Wait for any Pullback and short :)
ABC Pattern in AUDCAD is completed. Please trade carefully.
this a nice formation of a cup with handle. after filling the cup Uptrend broke out nicely now we are about to re-test the previous tip of the cup...and possibly we can re-enter for a long position
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