price is currently at daily TF descending trendline pattern and is testing a major resistance zone. waiting on confirmation to sell on this pair this is a long term trade ....
on the DAILY TF price broke bearish trend line and made a rest at previous broken line....currently price is on a bullish trend looking at the 30 Mins time frame we can see price broke bullish line and its heading to previous price to retest and continue its bullish trend.
currently GAUD is retesting point of previous broken structure. I expect a move down
looking to go short on this after a break from trend line and a retest...
price broke ascending trendline and when back for a retest which confirm for its going down.
as usual wait for a retest at previous broken line before going LONG....
as we see price broke bullish trend line and currently had a retest. Am expecting price to go down to my set targets....
i believe price will reach our first target then make a retest to confirm bearish trend. i would love to hear what you guys think you can drop a comment if you agree with my analysis or have a different persperctive.
please show love by commenting if you agree or have a different analysis on this pair
after price broke trend line and retested on the 1hr time frame AUDCAD going short...