AUDCAD SELL
On the chart we have Pitchfork tool and FIB levels.
The first pullback found resistance on FIB 0.786 level and on Pitchfork's up trend line. Then the price went down S1 and closed below 0.618 FIB level.
The second pullback found resistance on FIB 0.618 level and went below 0.5 and found resistance there too.
Right now we can see that the third pullback might be finished, once price found resistance on FIB 0.786 once more.
Wait for price to close below 0.618 level and then sell it.
This sell view turns invalid if price closes above 0.786 level and finds support there.
Good Trades!
The first pullback found resistance on FIB 0.786 level and on Pitchfork's up trend line. Then the price went down S1 and closed below 0.618 FIB level.
The second pullback found resistance on FIB 0.618 level and went below 0.5 and found resistance there too.
Right now we can see that the third pullback might be finished, once price found resistance on FIB 0.786 once more.
Wait for price to close below 0.618 level and then sell it.
This sell view turns invalid if price closes above 0.786 level and finds support there.
Good Trades!
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