Đô la Úc/Đô la CanadaGiá lên
AUDCAD - Buy now - medium-term trade - read idea
In my last AUDCAD idea, the price broke down through daily trendline and i did not enter the trade.
Last week, the price bounced back up ~150 pips and its making a head/shoulder pattern.
As well as weekly bullish RSI divergence
Buy this between 0.89350-0.89550. I have entered the trade now at 0.89570 and will BUY more slowly if price goes down.
I am also LONG/BUY on NZDCAD. If you followed that idea, you should be in good profit now. Its a longer term trade and I bought more at 0.8250. Will hold until 0.85 atleast, possibly higher.
CAD economic data has been underwhelming, OIL is weak, i expect CAD to weaken in next few weeks. And friday's CAD employment news may trigger more CAD sell-off.
However, since AUDCAD/NZDCAD are longer term trades for me, even if price goes down, I will buy more.
Last week, the price bounced back up ~150 pips and its making a head/shoulder pattern.
As well as weekly bullish RSI divergence
Buy this between 0.89350-0.89550. I have entered the trade now at 0.89570 and will BUY more slowly if price goes down.
I am also LONG/BUY on NZDCAD. If you followed that idea, you should be in good profit now. Its a longer term trade and I bought more at 0.8250. Will hold until 0.85 atleast, possibly higher.
CAD economic data has been underwhelming, OIL is weak, i expect CAD to weaken in next few weeks. And friday's CAD employment news may trigger more CAD sell-off.
However, since AUDCAD/NZDCAD are longer term trades for me, even if price goes down, I will buy more.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.