AUDCAD Short

15 Ağu 2020

Price gave a vary shallow retracement, then stalled at 1.18 Fib Extension. When this occurs, generally you will have a retracement to the 38.2 fib level to complete the c wave, before continuing to the D Extension.

16 Ağu 2020

Not

Shifting this entry zone down to a retest of the outer trendline and retest of the weekly resistance, which it recently broke. Here is a link to the updated Chart.