AUDCAD - Trading Plan
Updated
The volume is quite low at the moment. Price is in an uptrend. Possible push going from lower boundary. Price is recovering in the shape of V.
Possible upside range 250 pips from here.
There is a possible strong push to come from the higher boundary . I think the sell side will be fast. We have consider it in the future. But the current market proceeding seems be the rising first and fall next.
We will use commitment graph to see if there is willingness of bulls present early Monday to Tuesday in the coming week.
My guess is there will be.
I'd like to keep the long side very short. Short side very long. Even if you get a draw down on a short entry it may be recovered fast enough it seems.
I write this for my personal reference. Take Due care!
Possible upside range 250 pips from here.
There is a possible strong push to come from the higher boundary . I think the sell side will be fast. We have consider it in the future. But the current market proceeding seems be the rising first and fall next.
We will use commitment graph to see if there is willingness of bulls present early Monday to Tuesday in the coming week.
My guess is there will be.
I'd like to keep the long side very short. Short side very long. Even if you get a draw down on a short entry it may be recovered fast enough it seems.
I write this for my personal reference. Take Due care!
Note
Commitment Graph 
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.