AUDCAD price seems to exhibit signs of Bullish continuation. Bulls may eventually face a strong resistance zone around 0.9408 till 0.95485. If there is considerable Bullish momentum in this price zone, chances of TP2 may increase. Till then, opportunity may be seized by the Bulls. After the Bulls surf the potential wave till TP1, a probable opportunity may arise...
I didn't have time to post this trade before I went to work, but it was spotted and triggered in around lunchtime. Price had moved down into a level of previous structure support. Aggressive buy limit order set at 0.91095 Stop loss set at: 0.90736 Take profit 1: 0.91459 Take profit 2: 0.91683 Targets will adjusted based on price movement beyond entry...
AUDCAD LONG IDEA 5R TP LEVELS WITH TREND BASED FIBONACCI EXTENSION THIS IDEA IS BASED OFF WYCKOFF SCHEMATIC #2 FROM school.stockcharts.com
AUDCAD price keep making supply zone and higher low. Price almost hitting the demand zone. We may see bull after the candle hit the demand zone. However, if the candle close below the demand zone, the setup may not valid. We may put buy limit on the buy zone and put stoploss slightly below the zone. If the price does bull after hit the demand zone, we may see the...
I am currently already in this trade but forgot to post it a few days ago. If we get a pullback for a nice INV head n shoulder here another buy opportunity might show itself. That being said I am posting this idea now for a possible 2nd opportunity for another long position. Currently price is getting close to coil. We could correct back from here for the rest...