Dolar Australia/Dolar KanadaSingkat
AUDCAD / 60 / Short term reversal opportunity
With a series of Lower Highs and Lower Lows, AUD/CAD has been moving in a downtrend for the past weeks.
We see price broke the short term resistance 0.9010 level (and also the previous top) on 8 Aug indicating a possible short term reversal.
However the market has failed to put in a Higher high and instead has decides to go once again below 0.9010 structure level. This signals the market did not agree with the break out and decided to move lower.
We entered at 618 level and set target price at the previous low.
Gordon @GoreStreetTrading
We see price broke the short term resistance 0.9010 level (and also the previous top) on 8 Aug indicating a possible short term reversal.
However the market has failed to put in a Higher high and instead has decides to go once again below 0.9010 structure level. This signals the market did not agree with the break out and decided to move lower.
We entered at 618 level and set target price at the previous low.
Gordon @GoreStreetTrading
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.