AUDCAD 6/16/2020
Hello and welcome to this analysis on AUD against CAD.
AUDCAD looks like is ready to continue its uptrend.
Looking at the chart it seems like it has made a Bull Flag continuation pattern which just got activated by a break and close above the diagonal resistant of a pattern.
The next level of resistance is the red box at 0.96 ish which can be a good target. Price can get to that level as long as it stays above 0.933.
The momentum indicators also look fresh and good for the continuation of the trend. There is not any sign of weakness in the trend yet.
This trade Idea has 3 rewards to risk ratio.
Good luck trading.
AUDCAD looks like is ready to continue its uptrend.
Looking at the chart it seems like it has made a Bull Flag continuation pattern which just got activated by a break and close above the diagonal resistant of a pattern.
The next level of resistance is the red box at 0.96 ish which can be a good target. Price can get to that level as long as it stays above 0.933.
The momentum indicators also look fresh and good for the continuation of the trend. There is not any sign of weakness in the trend yet.
This trade Idea has 3 rewards to risk ratio.
Good luck trading.
거래청산: 스탑 닿음
노트
-1R
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.