AUDCAD testing the weekly top again

30 apr 2017

Hi fellows. AUDCAD is testing the weekly top again. Watch price action on lower time frame for short. No early entry be patient and watch for impulse on lower time frame and then join that impulse. We still have some room to the upside on lower time frame so it can push up for some pips so no early entry. Good Luck fellows.

1 mag 2017

Nota

Watch 1.02700 for price action. If price break up the look for short close to weekly trend line. Strong divergence will be there close to weekly trend line.

2 mag 2017

Nota

AUDCAD testing the top watch it on lower time frame fellows. Currently Bears are not strong and one more up move on 15 minute time frame is highly like possible

2 mag 2017

Nota

So fellows price has completed 15 minute up move watch price action for short still we don't see any strong bearish impulse so some corrective candles to the upside on lower time frame is very much possible so if you are shorting early than use reasonable stop loss.

4 mag 2017

Nota

So far so good. Watch for (TCP) for another short. Here is the update fellows.

5 mag 2017

Nota

TCP forming.