GBPAUD is at a critical area of support on the trendline which held for a few months.We have placed our Buy order and SL at Previous low. Lets see what happens.
Gold has found itself in a chanel that it has tried a few times to break but failed. the first wave was predicted and played out well. Lets see if Gold plays out wellwith the second and third wave.
Gold is in an upward chanel at the moment. We hoping it hits our take profit.
usdchf has been in an uptrend and is also respecting the current chanel its in. Price just hit one end of the trendline and is assumed to drop down.
EURCAD has been in uptrend for a while now. Looking at the monthly TF, we can see that its at a trend line which means 1)a breakout or 2)Reversal . We clearly saw a reversal and based on previous reversals, we can possibly see EURCAD Going long from now. But as always, We have out S.L in place just in case we are wrong.
AUDCAD has been in a Chanel for a while now in a downtrend. Its finally come to retouch the lower trendline and is retracing. Hoping to catch a cool 300 pip on This.
NZDCAD was previously in a downtrend but there was a recent change in trend and its possible that we will be seeing it go long from here.
Price has been in an uptrend for a while and has been respecting the same trendline. It is possible that price will fall soon since price just touched our trendline.
Based on proven trendlines, a retouch on the downside is possible.