AUDCAD - GOOD TRADE SETUP, WATCH OUTTRY NOT TO MISS THIS ONE
LOOKING GOOD. I AM EXPECTING THE BEARS TO TAKE OVER. MACD, IS SETTING UP A NICE CONFLUENCE ALSO, AND BREAKING THE TREND LINE WOULD MORE THAN NOT DROP DOWN
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Audcadsell
AUDCAD Big Short aheadAUDCAD broke out last week, current price action seems to be forming a higher low to then start of fresh falls, since overall momentum is quite weak on this market when looking across bigger picture. Keep watching this market for a possible shorts ahead.
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AUDCAD - 100 Pips Short PossibilityAUDCAD. AUD has not fallen against CAD while it has fallen against other currencies.
It is currently weak. We can expect a short sell 100 more pips if the 0.97 level stays unbroken.
*Let the 4H candle close and if it closes with a tick at least half the size of its body then we're good for a sell.
Happy trading.