Price rallied in the NY SESSION on 5th February 2021 with the noticeable volume. And we are expected that price will pull back to yellow zone that also coincides with 38.2 fib level. The reason behind this huge volume being the price tested longterm trend line on Daily chart. After the pullback, we will be closely looking at the Price action in the YELLOW marked...
DESCRIPTION The counter AUDCAD forms a descending channel . The counter's prices is moving between the top and bottom line of the channel from 05th February. The formation of the descending channel indicates the counter is in a bearish mode. The price is accumulating near the top line of the channel for the past 24hrs. Since the price didn't break the top-line,...
I think AUDCAD is dropping and I set my first target at 0.94300 I will update you later Now tell me what you think Agree 👍 or disagree 👎?
AUDCAD's next move looks downward. Take Profits: 1:0.95300 2:0.94300 3:0.92450 Let me know what you think of my idea. Have a great profitable trading week.
What on earth this is? an inverted HnS pattern on the weekly shows a massive 1600 pips of movement
it is been bearish on the shoter period of time. Blue line is indicating upward trend as per the weekly chart
AUD/CAD BUY LIMIT ORDER - 0.9644 TP - 0.9754 SL - 0.9573
LETS SEE HOW IT DOES. #FOREX #FALCONTRADINGGUIDANCE
Major Trendline broke and re-tested so high probability of big moves within few days
Price has formed a rising wedge pattern and also an inside (pattern with in a pattern)structure which is highly suggestive of probability of going short. Thanks to all those who have followed me and liked my post. Especial thanks to all those who DM me and commented on my analysis wanting to know more about the trade.