asware

asware

AUDCAD broke out from the structure first tp0.97305

asware

Looks like accumulation should be already done. Price is traped in a tight range forming falling wedge. TP1: 1,6000 (nearest) TP2: 1,7000 (long term and it will go higher, because on a weekly we are in a corrective structure and 2nd wave should start )

asware

I think it still will go higher till tomorrow CPI. After the data it could give a wick and then correct down. The green line is a weekly resistance line which could be touched during the tomorrows volatility. It is heavily overbought almost on every timeframe.

asware

short on breakout

asware

could be down to D and reverse position

asware

1) weekly resistance 2) divergence between RSI and Price lines 3) last 2 weekly bars tells about confirmed possible trend change (shooting Star) 4) watch the volume - it goes along with the whole Idea

asware

Possibly could be HnS formation developing ?...on a Weekly Chart. If it proves to be true, then 2.0000 should gravitate the price line.

asware

Seems like Gartley... around 0.93773 could be bounce...

asware

trendline support, plus 23% Fibo retrace, plus divergence