AUDCAD: Bullish momentum is slow
Aggiornato
Hi traders,
On the AUDCAD I'm looking to enter short based on this price movement. We have a nice bearish impulsive move, that dropped 65 pips in 22 bars. The retracement is 41 pips in 62 bars. This all indicates that the bears are in control.
We also had a nice rejection off of the 61.8% Fibonacci retracement.
Target 1: 1.01925
Target 2: 1.01750
Good luck traders!
On the AUDCAD I'm looking to enter short based on this price movement. We have a nice bearish impulsive move, that dropped 65 pips in 22 bars. The retracement is 41 pips in 62 bars. This all indicates that the bears are in control.
We also had a nice rejection off of the 61.8% Fibonacci retracement.
Target 1: 1.01925
Target 2: 1.01750
Good luck traders!
Trade chiuso: obiettivo raggiunto
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.