AUD/CAD straight to Bikini Bottom
Updated
The reasons:
-The price has formed a triple top on the H1 timeframe
-It's showing signs of a reversal on the H4 timeframe
The goal:
-First profits will be secured when the price hits the 0.618 Fib retardement
-Second profits will be secured when the price reaches the 0.95000 area, where a level of demand is located
Like and comment for more amazing ideas like this!
-The price has formed a triple top on the H1 timeframe
-It's showing signs of a reversal on the H4 timeframe
The goal:
-First profits will be secured when the price hits the 0.618 Fib retardement
-Second profits will be secured when the price reaches the 0.95000 area, where a level of demand is located
Like and comment for more amazing ideas like this!
Note
30 pips secured, further drop is expected
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.