SHORT AUDCAD

87
After breakdown weekly TL price found a bid in the supply zone (0,91 - 0,92). The resumed rally was rejected on the MA 200 weekly zone. In a new attempt to rise I expect price keep being rejected this time by EMA 50 Weekly (0,9624); MA 200 Daily (0,9604); MA 200 4HR (0,9622). My plan after seeing 4 daily doji candles in the commented zone is take a short trade with stop over the weekly rejection (0,9785) and looking for: Target 1 at old supply zone 0,9200 and target 2 at the extension of the last fibonacci retracement (0,8900).
This trade may take several days, weeks.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.