AUDCAD Ichimoku Kinko Hyo analysis
Weekly:
Span B flat
Span A down and break resistant of span A
=> Kumo down
Kijun down
Tenkan down
Chiko below candles
Daily:
Span A,B down
Kijun down
Tenkan down
Chiko below candles
Note: Candles are at support so might consolidate until break the support
Summary: 60% down, 30% sideway, 10% up
If price breaks the support, the down trend may continue until next weekly Kihon suchi (around 14 Nov)
Entry: H4 or H1 if possible
Span B flat
Span A down and break resistant of span A
=> Kumo down
Kijun down
Tenkan down
Chiko below candles
Daily:
Span A,B down
Kijun down
Tenkan down
Chiko below candles
Note: Candles are at support so might consolidate until break the support
Summary: 60% down, 30% sideway, 10% up
If price breaks the support, the down trend may continue until next weekly Kihon suchi (around 14 Nov)
Entry: H4 or H1 if possible
Note
note: There will be 4 hugh events can affect the direction of the marketIt's better to watch after all the news is released, if affect heavily => stay away
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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.
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.