Weekly prediction for AUDCAD

84
My analysis are based mostly in H4. This week I'll be looking to take a sell on AUDCAD, let me explain why:

Monthly:
ảnh chụp nhanh

Here we have a triangle. We have two days left to close monthly but is closing with a high rejection from the 1.02400 zone, still staying above the large trendline maybe going to the 0.97300, but we can't really say much more.

Weekly:
ảnh chụp nhanh

The same as monthly, it's looking really bearish, respecting the triangle.

Daily:
ảnh chụp nhanh

For more bearish signal, in the daily chart we can see clearly the bullish trendline is broken.

H4:
ảnh chụp nhanh
Like the daily chart in the H4 the bullish trendline is broken is ranging in the 0.99000 monthly S/R line.

I think is more probable for it to go down path B because of break + retest and rejection of the trendline + triangle on the monthly and weekly, but still, anything can happen and it could go up, we'll see.

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.