This is my analysis of the dollar currency index. Monthly is in downtrend. see bearish future. Price retests trendline. Thank you
Hello everyone, great trading week, it seems as many pairs sold off/bought up this week. Here is my forecast for AUDCAD We see a break and retest of our top zone towards our high from August and then some. Or We see a break and retest of the btoom grey zone + trendline towards green zone Good Luck.
Hello everyone, last week was a very great weak for many majors. For this idea I have a short on USD/CAD After price broke past our zone at 1.31402 - 1.31361 I waited for a retracement back to the 50% or the 61.80%, got my confirmation and entered the trade. Expecting price to hit our low at 1.30471 to make this trade a 3:1 We could possibly get multiple...
Hello all, it seems that price has retraced and closed at a 50% -61.80% retracement level on the daily timeframe. Looking to see some consolidation and rejection towards the upside, once we get confirmation on candles and RSI levels we can go for the short with minimal risk and maximal profit potential If you have concerns let’s discuss