Trendline TradeWe have new trendline bounce which means we can continue
back up to the monthly SR level at 0.91362 to see if we can pass it.
The other possibility is this is just a pullback move for the short
and we will continue further south to the 0.89873 zone after
a break and retest of the trendline.
BULL TPS:
• 0.90697
• 0.90955
• 0.91256
New Tps will be posted when it breaks and retests SR zone.
BEAR TPS:
• 0.89956
• 0.89801
• 0.89477
New Tps will be posted when it breaks and restest area of 0.89372
Aud-cad
AUDCAD - FOREX - 16. DECE. 2019Welcome to our weekly trade setup ( AUDCAD )!
-
1 HOUR
Bearish price action towards our support zones.
4 HOUR
Strongly waving market structure with several pullbacks.
DAILY
Prices at range low, good long entries!
-
FOREX SETUP
BUY AUDCAD
1ST ENTRY @ 0.90550
2ND ENTRY @ 0.90330
SL @ 0.89940
TP @ 0.91220
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUDCAD - FOREX - 26. NOVE. 2019Welcome to our weekly trade setup ( AUDCAD )!
-
1 HOUR
Sideways price action.
4 HOUR
Slowly dropping market with a lot of waves and pullbacks.
DAILY
Sideways market at its highs, good short entries.
-
FOREX SETUP
SELL AUDCAD
1ST ENTRY @ 0.90310
2ND ENTRY @ 0.90480 (Wait for trigger)
SL @ 0.90780
TP @ 0.89780
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Don't miss the great buy opportunity in AUDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9020). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.9105
TP2= @ 0.9140
TP3= @ 0.9245
SL= Break below S2
Don't miss the great buy opportunity in AUDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9020). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.9105
TP2= @ 0.9140
TP3= @ 0.9245
SL= Break below S2