Hi fellows. AUDCAD is testing the weekly top again. Watch price action on lower time frame for short. No early entry be patient and watch for impulse on lower time frame and then join that impulse. We still have some room to the upside on lower time frame so it can push up for some pips so no early entry. Good Luck fellows.
Note
Watch 1.02700 for price action. If price break up the look for short close to weekly trend line. Strong divergence will be there close to weekly trend line.Note
AUDCAD testing the top watch it on lower time frame fellows. Currently Bears are not strong and one more up move on 15 minute time frame is highly like possibleNote
So fellows price has completed 15 minute up move watch price action for short still we don't see any strong bearish impulse so some corrective candles to the upside on lower time frame is very much possible so if you are shorting early than use reasonable stop loss.For Training visit.
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For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.