gbpcad might go up before descending down
Price is expected to move up out of the correction channel to the upside direction,since it was correcting in the the channel
wait for aud to pull back then buy it
USDCAD, SHORT TERM BUY, BUT tlong term trend is bearish
waiting for price to retest the daily resistance then sell it for now its not a perfect entry for bulls
price is facing daily resistance which is tempting to place sell orders but im waiting for the close of that candle so i can get confirmation through price action
since audcad closed near a major resistance zone wait for it to retrace back that resistance line then trade the pullback,the pullback is better in lower time frame like 1 hour and 30mins.
for now im holding buys,will start to look for bear setups when resistance has been reached
buy signal triggered after pullback, wait for pull back then buy it,5th wave has been completed and then head and shoulders formation, neckline broken WAIT FOR RETEST ON NECKLINE
Im hopinh for gold to retrace and then fall heavily, im short
trend looks bearish as price tried to test the resistance,at 1.94449(4),but failed to break, aiding confluence by forming the head and shoulders,5th wave complete,neckline broken, expecting price to fall till the 1.86716, precise entries in smaller times frames like daily,4h, will help , ENJOY AND LIKE
price showing bearish momentum, after breaking the 1.3269 forming a head and shoulders, top formation,expecting price to break the channel to the downside,since the 5th wave is complete.looking to short on pull back of the right shoulder