according to harmonics model and supply and demand zones,I think the current price 1.09577 is a base for an uptrend.
stop loss is limited ,a closing two candles of 4 hr frame.
After shorting USDCHF and all target are done (300+pips) , now I think it is a good time to test long this pair .
a closing below a demand area on daily frame cancels this idea.
link of selling
I think it is a good time to long (buy) AUDCAD .
Targets are Fibo levels 38, 50 , and finally 61 fibo.
stop loss is a closing daily candle below .92460
The entry point as a short position is 7.02039 and i will see the close of a daily candle (hopefully a reversal one).
Because the high spreed and high volatility of the pair, I will wait for the close daily candle at point 7.02039
sl is a closing 2 daily candles above 7.02039
The entry point as a short position is 7.02039 and i will see the close of a daily candle (hopefully a reversal one).
so the high spreed and high volatility of the pair, I will wait for the close daily candle at point 7.02039
sl is a closing 2 daily candles above 7.02039
