AUDCAD Potential Bearish Movement - setup forming
we are waiting for a new swing low / blue dot to form around our lower blue trendline
and then sell after a momentum candle close below 0.89000
Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Wedge pattern forming (in blue)
3- Resistance / Supply zone from Daily
Three confluences are enough to consider Selling AUDCAD, after a break below 0.89000 (in gray)
we are waiting for a new swing low / blue dot to form around our lower blue trendline
and then sell after a momentum candle close below 0.89000
Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Wedge pattern forming (in blue)
3- Resistance / Supply zone from Daily
Three confluences are enough to consider Selling AUDCAD, after a break below 0.89000 (in gray)
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.