TradingView
OneGood_Trade
16 Dis 2019 pukul 02.49

AUDCAD Analysis: Sell Opportunity In Supply Area 0.9105 - 0.9121 Singkat

AUSTRALIAN DOLLAR / CANADIAN DOLLARICE

Huraian

Good morning.
In general, the intermediate-term price trend is down. This condition based on downtrend move in the weekly time frame. Last week price retest resistance 0.9112 and fail to break. Sell opportunity will be taken in the H4 supply area when price retests this area.

Komen



In H4, sell will be taken in supply area 0.9105 - 0.9121 when the price retests this area. Watch the price reaction inside this area to see top confirmation such as bearish engulfing, pin bar (long upper shadow) or bearish inside bar. The sell position will be open when the confirmation is done.

Komen

Note:
1. Entry will be taken as confirmation is done
2. Always use money management (1%-2% risk/trade is recommended)
3. Close the position (emergency exit) when the price makes high probability reversal candlestick such as engulfing, piercing line, or long shadow.

Thanks.
Komen
transparent-fx
from a multi-timeframe analysis i see this
Lebih