M
Bullish
Consistent HH & HL,
EMA cross to upside
W
Bullish
Price above EMA (sidewards)
From PM Doji H,HL, Potential HH
to be printed
D
Pull back could have already played out at
bounce on 38.2, however if price continues
lower ill expect bounce on EMA at 0.50 Fib
Price finding support at EMA's, EMA sitting
just above 0.50 Fib
potential small gap down on Sunday open, if
price approaches 38.2 will wait for double bottom or bounce at 0.50 for Buy stop
AUDCAD
Bullish
Consistent HH & HL,
EMA cross to upside
W
Bullish
Price above EMA (sidewards)
From PM Doji H,HL, Potential HH
to be printed
D
Pull back could have already played out at
bounce on 38.2, however if price continues
lower ill expect bounce on EMA at 0.50 Fib
Price finding support at EMA's, EMA sitting
just above 0.50 Fib
potential small gap down on Sunday open, if
price approaches 38.2 will wait for double bottom or bounce at 0.50 for Buy stop
AUDCAD Note
Trade heading to TP was unable to catch this as I wanted a slight pullback after the gap down are 15 pip move past entryWill now monitor to see if there's any pull backs into the weekly resistance area for re evaluation at further long trades
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.