UnknownUnicorn410332

AUD/CAD Power Trend Strategy - LONG

Long
UnknownUnicorn410332 Aggiornato   
FX:AUDCAD   Dollaro australiano/Dollaro canadese
Chart: Daily
Trend (D): Bullish
Strategy: Power Trend (Swing Trade)

Bullish Evidence:

1. Price has formed higher lows (red circles)
2. Price rejects weekly trendline support
3. Price rejects daily support level @ 0.99680
4. Price broke above daily trendline resistance now turned support
5. Two Low test candlestick patterns rejecting 50 EMA (Green circle)

Note: The strategy produced a buy signal on Thursday 3rd of Aug 2017, however a LONG entry can still be made should price retrace
back to the previous bear candles high or open price.

Agree / Disagree?

Comment below!
Trade attivo:
Trade opened on Market open this morning.
Stops below bearish low test candle low.
Target has been left open.
Trade chiuso manualmente:
Price is ranging - bad for my strategy.
Closed position pending market direction + candlestick patterns.
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.