AUDCAD has been very kind to us in the past and is now setting up for another gift.
The Weekly has approached a double bottom and there is a little buying activity.
However, we can see from our extensions (green and purple) that a move lower is possible. Price action has smashed through the 1.272 and so we expect it to reach the 1.618 or even the 2.
Keep an eye on this, we may see a bear flag or two along the way.
It may be a little early but we are setting up.......
The Weekly has approached a double bottom and there is a little buying activity.
However, we can see from our extensions (green and purple) that a move lower is possible. Price action has smashed through the 1.272 and so we expect it to reach the 1.618 or even the 2.
Keep an eye on this, we may see a bear flag or two along the way.
It may be a little early but we are setting up.......
ノート
The buying on the daily is suggesting it's a little weak and there is more downside to come....
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。