AUDCAD watch

Updated

Watch price action at the descending trendline.It is starting to make HH and LH on the daily and we rejected a weekly zone on the weekly. If we break the trendline, we will wait for the next HL to enter a buy or if we reject the trendline we will look for a rejection candle to short it

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Price is at the trend line, lets see how it reacts there. Break or reject?

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I replaced the trend line. I was not really well placed. Didnt catch the tops of the wicks. Now look how it looks like

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creating a double top?

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will wait on the break the ascending tl

Order cancelled

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AUD change of trend

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