AUD/CAD SHORT
SHORT SHORT SHORT !
Ever since the breakout of the up trend i have been screaming short. Late last year we saw a breakout of the up trend a retest and continuation. It broke out and retesteed the trendline which was confluent with a 50 fib retracement. It then melted to 0.94 where it has found some support and is retracing. It has already hit the 38.2 retracement but that wasn't enough to bring it down, looks as if it will retest the 38.2 fib again creating a double top before falling and reaching the target 0.92 which is confluent with the 38.2 extension! i wouldn't be going long with this pair at all!
Ever since the breakout of the up trend i have been screaming short. Late last year we saw a breakout of the up trend a retest and continuation. It broke out and retesteed the trendline which was confluent with a 50 fib retracement. It then melted to 0.94 where it has found some support and is retracing. It has already hit the 38.2 retracement but that wasn't enough to bring it down, looks as if it will retest the 38.2 fib again creating a double top before falling and reaching the target 0.92 which is confluent with the 38.2 extension! i wouldn't be going long with this pair at all!
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.