KatlegoKing

Correction ending in AUDCAD?

看空
FX:AUDCAD   澳元/加元
Firstly I would like to highlight the 1.00000 price level! This is a significant level in my analysis because it's a psychological price level and this level was rejected for 9 consecutive days, (these rejects are in the form of pin bars). Due to this, I have a bearish sentiment and as I further analysed the chart I realized that the general prominent trend is bearish. With that in mind I set out to confine the downtrend below a trend-line which I managed to do, but this confinement was broken. Despite this I cannot confirm nor deny the probability of a reversal occurring, but the fact that price is rejecting the psychological level of 1.00000, I decided to see how price relates to the Fibonacci and it came to be that price retraced of the 0.5 fib level, so this further fueled my bearish sentiment, now all I am waiting for is a cross of my MA's then I enter a sell
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。