AudCad - Manipulation Point Trading
Bias: Short
Market Cycle: 2
Yesterdays short bias still holds, but with regards to yesterdays PA moving over 90% ADR then there is potential that we have a reversal on our hands...
Pay attention to the PA at the bottom of the chart, there is a clear DB followed by a 90% ADR move up..
Follow the GFX MP rules in this case..
• Short from 0.9302 should we get a signal
• Long should we break above and 2 x 15m candle open&close above look for a long following a SR & CC
Market Cycle: 2
Yesterdays short bias still holds, but with regards to yesterdays PA moving over 90% ADR then there is potential that we have a reversal on our hands...
Pay attention to the PA at the bottom of the chart, there is a clear DB followed by a 90% ADR move up..
Follow the GFX MP rules in this case..
• Short from 0.9302 should we get a signal
• Long should we break above and 2 x 15m candle open&close above look for a long following a SR & CC
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