Get started
Fxprotrader

AUDCAD: Double Top At Slide Parallel Of Median Line

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Fxprotrader  
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD medianline Andrew's Pitchfork
16
4
audcad medianline andrewspitchfork
Price has formed a double top pattern at the slide parallel of an upsloping median line. The slope is pretty valid and we may start looking for sell setups in the lower timeframes. If you can afford a sl above previous swing you may sell the market now. At that level we have the 1.27 ext. level of previous short term upmove which adds to our selling thoughts
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.