Aud/Cad daily short but for how long? (Feedback appreciated)Down till the 0.9622 level which can hold as support for a potential reversal or keep heading down to 0.938.
Audcadsell
AUD/CAD, DAY CHART, SHORT (24-DEC-2016)Note: AUD/CAD is following what we predicted
last week and 2 weeks ago.
Overall, we are bearish on this pair.
We are looking for the price correction/pullback to
the resistance zone near 0.977 level and a bearish
signal to short with the right risk.
It will be a high R/R ratio trade :)
AUDCAD @ 30 min. @ surprisly Aa & Bb wave at week startTake care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
AUDCAD @ 1h @ week of decisions (50th week`16)A week of decissions stays ahead this week (50th week`16) ...
1.03975 start of extended downside trendline (november`16)
1.00947 end of extended downside trendline (november`16)
This could be an usefully long/short decission helper!
0.99394 1st high this month (december`16)
0.98427 1st low this month (december`16)
0.98439 1st test of this month low (december`16)
An OutBreak to the Up/Down Side could be also an usefully long/short decission helper!
0.97291 temporarly summer low 2016 (july`16)
0.97537 temporarly summer low 2016 (august`16)
Will both summer lows be usefully support lines? Or will they broken through?
If AUDCAD will break down (<0.97291), then are only last year lows next support lines ?
0.91754 yearly low 2013
0.93979 yearly low 2014
0.91513 yearly low 2015
0.93266 yearly low 2016
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
AUDCAD long term short positionClear rejection at 50 indicated a strong donw trend that hit 200 EMA. Wait for a pull up to 23.60% Fib for a good short position.
AUD/CAD, DAY CHART, SHORT (16-NOV-2016)The Price breaks the recent upward trendline.
Bounce back from the resistance zone (1.035x), 2 crows appeared at resistance zone, and a strong bearish pin bar followed with few strong bearish trend bars
A Risk to Reward of 1:3 great trade!
Wait for any Pullback and short :)
AUDCAD Sell setup & Possible wave formation.ABC Pattern in AUDCAD is completed. Please trade carefully.
