AUDCAD short to bottom of weekly channel
Entry Signal - open and close outside green channel
RR - 1:4
For
- at the top of a weekly channel
-green MCAD waves weakening
-Stochastic turning down
-failed to make higher high
-Possible completion of a double correction
Against
-middle of alternate channel
-above daily and weekly 21EMA
- daily/weekly EMA aiming up
RR - 1:4
For
- at the top of a weekly channel
-green MCAD waves weakening
-Stochastic turning down
-failed to make higher high
-Possible completion of a double correction
Against
-middle of alternate channel
-above daily and weekly 21EMA
- daily/weekly EMA aiming up
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