AUDCAD - SWING Analysis - Weekly - on Resistane Zone
AUDCAD - SWING Analysis - Weekly - on Resistane Zone - SELL
We have a bearish trend on the Weekly Chart that have broken his Trendline and made a pullback
to the 0.50 Fibonacci Level that is now a Resistance Level.
On the RSI Bollinger Bands we see clearly a Channel with a pullback on the Upper Bollinger Band that is reacting
like a Resistance this gives us a good Sell opportunity to go with the Major Trend.
Our Target will be @ the 0.236 Fibonacci Level.
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If you like this idea please click the like button to support us, thanks.
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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We have a bearish trend on the Weekly Chart that have broken his Trendline and made a pullback
to the 0.50 Fibonacci Level that is now a Resistance Level.
On the RSI Bollinger Bands we see clearly a Channel with a pullback on the Upper Bollinger Band that is reacting
like a Resistance this gives us a good Sell opportunity to go with the Major Trend.
Our Target will be @ the 0.236 Fibonacci Level.
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
If you like this idea please click the like button to support us, thanks.
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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