Validating technical information justifying sell position. Price action already way past key support level at b point which now serves as resistance and cruising way below 13, & 62 MA’s an indication of downtrend gaining momentum. Price Objectives Justification: 1st Price Objective@Support 1 – 1.04252, (1st week, May); 68.1 xa=d & 161.8 bc=d point confluence. 2nd Price Objective@Support 2 – 1.03814, (2nd week, May); Equivalent 161.8 & 61.8 ab=cd confluence. 3rd Price Objective@Support…
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SIGN-POSTS; BEARISH AUD/CAD(DAILY) IN THE COMING WEEKS
Dmtrv
Publié 30 avr comme Analyse sur AUD/CAD, Cible: 1.0300, Date: 3 de juin, 12:00 GMT
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#Technical analysis
#5 Point W Type Bearish Butterfly Structure 5 Point M Type Anticipated Bullish Bat Structure
#Complemented With Distinct Fib Specific Ratios 5
#13 Ema 62 Wma Crossovers
#Candlestick Reversal Pattern Analysis Rsi 7 Day Look B