AUDCAD bearish pennant breaking out?
The weekly bearish pennant and the daily at upper trend channel are all very good indications that we will go down south.
Also the Dealers Desks chart (4H) are at EMA633 acting as support, also an indicator of an upcoming direction change.
And on 1H we can see bulls geting out of steam and the bears are loading in the coal.
Pipunters will try find aggressive entry on the smaller time frames and add position at 1H entry signal (Norse style)
Also the Dealers Desks chart (4H) are at EMA633 acting as support, also an indicator of an upcoming direction change.
And on 1H we can see bulls geting out of steam and the bears are loading in the coal.
Pipunters will try find aggressive entry on the smaller time frames and add position at 1H entry signal (Norse style)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.