Price has had clear bullish momentum for quite some time, We have had some major consolidation for about 2 weeks now Finally we have seen an amazing opportunity to trade this pair Clear break and retest of daily structure and continuation of bullish momentum, alongside a 61.8% fib rejection we should have a very easy time reaching the next major psychological...
We have seen strong bearish price action on #USDCAD for quite some time now. We have now reached a level of demand and can potentially see bulls enter the market. Price is showing weaker and weaker bearish pushes. If we see a strong bullish impulse move this will confirm price should retrace our weekly Trendline. HOWEVER! wait for the retracement from the strong...
96% of Retail traders lose and quit in the FX markets. This is because everyone teaches the same things... Double tops, Breakouts, Retests, etc. But when you throw all that away and look at where is the "Smart Money" Where are orders being picked up (I../ stop losses hit, TP hit, Pending orders hit) and Where are those 4% of traders putting their money its clear...
Price has broken important daily structure and retested as new level of resistance. Look for short entries to the next major structure
Break and retest of consolidation and psychological key level. Bullish momentum should allow UCAD To push to next daily resistance For access to all our analysis click the link below t.me
Heres our process of analyzing and executing trades! AUDCAD on multiple higher time frames (Weekly, Daily, H4) shows a bearish Bias. However many traders still see this and fail due to improper execution and not waiting for market conditions to have the best entries! FX:AUDCAD
GBPAUD Broke support and Minor Key level. Retested support as new found resistance and his showing bearish momentum. Profit targets would be above quarter key level and major key levels where price previously found resistance.5:1 risk reward
EURAUD has been in an ascending channel for quite some time now, however we see strong resistance at its current level. Although this is not a strong enough confirmation of a reversal we will most likely see another bearish move to the major Fib levels shown in the chart. if we see a continuation of the bearish movement and closure bellow the 61.8% fib and...