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Audcadsignal

DeGRAM | AUDCAD breaking the psychological level at 0.9000 AUDCAD is testing psychological level at 0.9000 The market bounced off the confluence level, the fibo 50% level, and the resistance level. Price action is likely to move down from the kill zone since we have a bearish trend. We expect a breakout of the psychological level, followed by a trend continuation trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
4
DeGRAM | AUDCAD sell pullback AUDCAD is pulling back to the potential confluence zone, resistance level, and golden ratio of 61.8%. The market is printing small candles, which means bulls are running out of steam. Price action is likely to move down from the kill zone since we have a bearish trend and the current bullish move is just a pullback. We expect a sharp move down. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
8
AUDCAD BUYAlright so basically AUDCAD is going for a buy for about 200 pips plus before we can except a meltdown of a sell, a pullback needs to occur in price based on pure price action we would be expecting a buy, if you focus on this analysis you would notice before price broke the Trend line price first then created a W pattern which signifies that a possible reversal has occurred on the support level so we patiently wait for price to retest or retrace back before we can take our buys. Drop a Comment please on what you think on this Analysis or think about AUDCAD. Thanks
Long
by GoCrazyfx0