AUDCAD APPROACHES THE MAJOR RESISTANCE
AUDCAD has been on a nice uptrend since January...Though it hit the minor resistance but didn't break the structure which shows that buyers are still in control..
Now that it's approaching the major resistance,let's be vigilant and as well look carefully.. What happen at the major resistance will tell what our next move will be...If it form reversal candlestick,*SELL* but if it break the resistance,wait for a retest then *BUY*... Alright,don't forget risk management and psychological maturity plays a big role in whatever you trade..
Now that it's approaching the major resistance,let's be vigilant and as well look carefully.. What happen at the major resistance will tell what our next move will be...If it form reversal candlestick,*SELL* but if it break the resistance,wait for a retest then *BUY*... Alright,don't forget risk management and psychological maturity plays a big role in whatever you trade..
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