Consolidation prior to Short - retest of the low
AUDCAD has been in a longer term down trend , with last week seeing a break of the head and shoulders pattern to hit the .938 TP.
We are seeing AUDCAD now in a wedge consolidation around the .95 area, prior to a move to the downside to retest the .938 zone.
Once the consolidation has bound up, a good area for a sell stop, with the SL around the .95 area and TP at the .938
Happy Hunting
We are seeing AUDCAD now in a wedge consolidation around the .95 area, prior to a move to the downside to retest the .938 zone.
Once the consolidation has bound up, a good area for a sell stop, with the SL around the .95 area and TP at the .938
Happy Hunting
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.