04.07.2022
Chicago 12, Melborne City, USA
Analytics

Head and Shoulder Patterns Complete on AUD / CAD 1-Hour Chart

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What are you trading today in Forex? Is AUD / CAD one of the pairs on your watchlist? If not then stop anything that you are doing right now and login to either your MT4 or MT5 Platforms and have a look at it.

A head and shoulder pattern just finished forming on the 1-hour chart and if you ask me?

There is a great chance that prices for the pair may continue to fall even further.

What’s more, there aren’t a lot of important economic events lined up for either the Sydney or Tokyo sessions which gives the pair the freedom to go further down if there are enough bears to push it.

That’s not all the stochastic is also still in the seller’s favorite rallying towards the oversold zone and the general trend for AUD / CAD on both the one-hour and for-hour charts is a downtrend.

AUD / CAD 1-Hour Chart

Head and shoulder on AUD / CAD 1-Hour Chart

EUR / USD Reversal and Trend Continuation.

EUR / USD had a price level of 1.05430 for the fourth time in a row, this time forming top tweezers followed by a strong price rejection at the resistance area.

The stochastic has also left the overbought zone safely back below the 80 levels.

EUR bears can sell at current levels and take profits at the 1.05000 support area.

BUY EUR / USD

BTC / USD Bear flag.

If you are into crypto, there is a great chance that the BTC / USD will continue to drop even further and potentially go back below 18000 price levels.

Bears who like getting early on a trend can short BTC at the price level of 20400 while the more conservative ones can for the price to retest the resistance 20200.

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  • 5 Signals Sent Daily From Monday to Friday
  • 99.9% Binary Options Winning Rate
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Our fixed time trading signals are 99.9% accurate.

What will you be trading today?

Will you trade BTC, EUR, or AUD?

I’m definitely putting my money on AUD / CAD head and shoulder situation.

Leave a comment below with what you will be trading and if you don’t have a trading account, choose the best. Trade with XM Forex.

Visit Website.

Features

Important!

Rating

Join Signals Channel

1
  • 5 Signals Sent Daily From Monday to Friday
  • 99.9% Binary Options Winning Rate
  • 24/7 Support for Members

Our fixed time trading signals are 99.9% accurate.

Visit Website.

Features

Important!

Rating

Join Signals Channel

1
  • 5 Signals Sent Daily From Monday to Friday
  • 99.9% Binary Options Winning Rate
  • 24/7 Support for Members

Our fixed time trading signals are 99.9% accurate.

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My name is Lawrence. I am one of the most famous forex trading schools. The purpose of creating this project is not only to give working advice on the Forex market, but also to warn beginners from fraudulent projects. Here we publish reviews of all Forex training scam projects, and professionally train those who have just decided to enter this niche.

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