AUD/CAD is currently trading in a long-term uptrend, with higher highs and higher lows on the daily chart. The pair has recently bounced off a key support level around 0.9450 and has started to move higher. If you're considering taking a long position on AUD/CAD, it's important to wait for a confirmation of the uptrend. This could come in the form of a bullish...
I think on Gu we had a rising channel and price broke out giving us another rising wedge within the rising channel and then price broke out lower h1 trendline we might see a push to the downside
I THINK WE ARE IN AN ENDING HORIZOMTAL AND THUS PRICE SHOULD BREAK TO THE DOWNSIDE SO WE EXPECT A LITTLTTLE PULLBACK UP THEN DOWN SHARPLY
I THINK WE JUST GONNA GO RETEST THE HIGHS THEN DROP WHATS YOUR TAKE..OPEN FOR CRITICS ...LOOKING TO TAKE IT ON THE WAY UP AND THEN DOWN
WELL I THINK ON THE WEEKLY WE HAVE REACHED THE TOP OF THE CHANNEL AND ON DAILY WE HAVE LIKE A BEARISH FLAG PATTERN AFTER A VERY BIG DROP DOWN AND WE ARE AT THE 61.8 FIB LEVEL.LOLS IM OPEN FOR CRITICS.SO WE SHOULD AT THE END HAVE PRICE GO RETEST THE PREVIOUS HIGHS GIVING US AN M FORMATION AT THE TOP AND THEN DROP FROM WAVE C TO WAVE 4 OF OUR ELLIOT WAVE TO COMPLETE...