AUD/USD Selling Opportunity. Pretty Straight forward analysis. Key Support and resistance levels are in play. Wait for Monday to fake out and trap more buyers with strong candles, I will be setting a pending order so I can get in at the best price possible. follows by a directional push to the down side. take half profits at the target position 1. Wait for the pull back (probably 50 retracement) then follow it down for the week. Wait for a double bottom, and then the midweek reversal to take you back up. Dont get greedy, take profits quickly. This pair could mess around and shoot all the way back up to the top, killing all your hard work.
Best of luck www.tradingview.com
50retracement
CAD/HKD long using fib retracementChecked the 4 hour chart and I see potential uptrend.
Retested two points of support, first one shows 0.618 and the second one shows both 0.618/0.50 which can conclude that it will in the future retrace to those levels due to confirmation from previous support levels shown in this analysis.
Looking to take profit at the 1.618 on the fib extension.