Institutional Demand: AUD/CAD Long
Hey all,
The ideas previously mentioned developed beautifully and we're in both UJ and AN longs. The CHF/JPY play is still on the table when price reaches our area of interest a bit lower, let's wait for that one.
For tonight, I'll be watching AUD/CAD longs, which I've been watching for a while now. Currently the 4hour chart is developing an entry for in a few hours from now, yet this entry is not a strong enough candle for me yet. Let's see if it can gain more bullish momentum, if not I'll have to wait more or less 24hours to develop a valid one.
Additionally, EUR/AUD might develop a clean pattern at the 4hour as well in the upcoming 24hours. However, it's very important that we wait for the last criteria to be ticked off.
Patience pays.
Kind regards,
Max Nieveld
The ideas previously mentioned developed beautifully and we're in both UJ and AN longs. The CHF/JPY play is still on the table when price reaches our area of interest a bit lower, let's wait for that one.
For tonight, I'll be watching AUD/CAD longs, which I've been watching for a while now. Currently the 4hour chart is developing an entry for in a few hours from now, yet this entry is not a strong enough candle for me yet. Let's see if it can gain more bullish momentum, if not I'll have to wait more or less 24hours to develop a valid one.
Additionally, EUR/AUD might develop a clean pattern at the 4hour as well in the upcoming 24hours. However, it's very important that we wait for the last criteria to be ticked off.
Patience pays.
Kind regards,
Max Nieveld