PMTradeALot

AUDCAD 2 possibilities

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OANDA:AUDCAD   Dollar Australia/Dollar Kanada
Scenario 1: Price seems to be rejecting the 61.8 fib. I would wait on the break of the counter trend line and support + a retest to enter a short.

Scenario 2: If price keeps pushing and breaks the daily descending trend line, I would wait on a retest of the ascending trend line and enter a buy.


Patience is key. Set alarms and wait
Komentar:

Daily view
Komentar:

Sell stop placed. Lets see a break. AUD is respecting weekly channel and is weakening.

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