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Australian Dollar/Canadian Dollar
Updated

AUDCAD Downtrend

119
It has very clear and strong downtrend
Note
We could witness downtrend weakness at the 2nd target.
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Nice weekly close, it supports the progress into the targets.
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All trends remain as downtrend but we decide to limit our trades.
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The daily trend has changed to an uptrend. The weekly trend remain as a downtrend. We prefer to stay aside and waiting for the price to return to a downtrend.
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we still out
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almost to have a daily downtrend again
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Downtrend has returned. We will be completely out at the 2nd target or between 2nd and 3rd targets...This doesn't mean the end of the downtrend. The confirmation is the only measures to tell us.
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2nd target achieved and we are out....3rd target is still valid...
Trend_Sniper10
Trend Analysis

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.
Trend Analysis
Trend_Sniper10

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.