AUD/CAD: Weekly Timeframe (Strong Sell)

8 באוג׳ 2018

AUD/CAD looks like a strong sell as there is a clear indication of breakout pullback in 4 hourly timeframe and is also coinciding with the 200 Exponential Moving Average along with 61.8% fibonacci level. Hence, forming a strong confluence area where the market is clearly indicating a strong sell as and when there is a bearish candlestick confirmation at the resistance.

9 באוג׳ 2018

הערה

Forgot to add fibonacci tool which is also acting as a strong resistance