ovidiu_andi

ovidiu_andi

Please consult the lower timeframes as well.

ovidiu_andi

Please also check the other timeframes as well.

ovidiu_andi

Please take in consideration the fundamentals and the lower timeframes as well. I always correlate my analysis with some of the lower timeframes.

ovidiu_andi

Please take in consideration the fundamentals and the lower timeframes as well. I always correlate my analysis with some of the lower timeframes.

ovidiu_andi

The analysis is self-explanatory.

ovidiu_andi Updated 

Please check the higher timeframes first, as I have only pointed out my entry! I believe the analysis is self explanatory

ovidiu_andi

Please take in consideration the fundamentals and the lower timeframes for entering positions. I always correlate the analysis between timeframes.

ovidiu_andi

AUDUSD may continue its fall, considering that it respects: the 50 SMA dynamic resistance the 50% fibonacci retracement the 0.7050 psychological level the overall downward momentum

ovidiu_andi Updated 

Quite like the same setup Downtrend confirmed 100 SMA now dynamic resistance 61% fibonacci retracement

ovidiu_andi Updated 

The correction's gone pretty good at 78% fibonacci, but if this is an early-staged downtrend, than it also confirms the last zone as being a distribution. The LL's there, and to confirm this LH, we need another LL, which I won't wait for. Also, the 200 SMA is flattening, meaning there is still not a definite direction on the overall trends. But, finally, I can see...

ovidiu_andi Updated 

Downtrend also confirmed on the 4h timeframe, and the momentum looks pretty good.

ovidiu_andi Updated 

On this low timeframe, the setup looks really good for a sell the 200 SMA is now a dynamic resistance the fibonacci has just retraced 61% The overall trend is a downtrend But let's also take a look at the higher timeframes.

ovidiu_andi Updated 

All the explanations are shown in the analysis

ovidiu_andi

The markdown is really aggressive but no entry will be available until it hits the 50% fibonacci

ovidiu_andi

The previous uptrend has been extinguished by this aggressive move to the downside Finally the price found enough supply to break that psychological level The momentum has not yet stopped so we should wait for higher low and a retracement higher than 50% fibonacci level

ovidiu_andi

Clear downtrend on daily for USDCAD Price found supply at 1.3600 psychological level The last correction now rejects the 78% fibonacci retracement

ovidiu_andi Updated 

The 92.00 psychological level's giving some supply to the price The 50 SMA has now turned into a dynamic resistance LHs & LLs -> clear downtrend

ovidiu_andi Updated 

The downtrend's more visible on the weekly tf (LHs & LLs) 50 SMA also dynamic resistance The correction went past 50% fibonacci retracement (almost to the 78%) which makes it valid The price found supply at the 80.00 psychological level