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    Page 1078 of 1078 ... 1073 1076 1077 1078
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    Thread: balut's - Trading journal

    1. #10771 Collapse Post
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      Quote Originally Posted by balut     
      AUDCAD uptrend reversal?

      I keep seeing some premature uptrend reversal pattern in most weekly chart of either major or cross currency pairs and I want to demonstrate the AUDCAD since it could be the next uptrend rally. The last year lower low is the 0.8831 support fortunately the bears didn't able to break it this year. This bullish hammer that created on its weekly chart is too strong for a buy signal since higher timeframe usually provide a better trend direction compare to lower timeframe. Even if there's no uptrend reversal that can happen, at least it would need to have near-term bullish rally.

      My dear friend you are telling absolutely right Australian Dollar and Canadian Dollar is going to upperside. It is very good opportunity for buying side. So my dear friend you are telling absolutely right. I agreed with you. It may be possible. Next moment will be reversible down stand on Monday morning. We will see the nearest Insignia show my dear friend. Let's see what will happen next on Monday morning.


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      Quote Originally Posted by balut     
      AUDCAD uptrend reversal?

      I keep seeing some premature uptrend reversal pattern in most weekly chart of either major or cross currency pairs and I want to demonstrate the AUDCAD since it could be the next uptrend rally. The last year lower low is the 0.8831 support fortunately the bears didn't able to break it this year. This bullish hammer that created on its weekly chart is too strong for a buy signal since higher timeframe usually provide a better trend direction compare to lower timeframe. Even if there's no uptrend reversal that can happen, at least it would need to have near-term bullish rally.

      Hello my dear friend I think you are right about the time your analysis and experience is vary good I think it will definitely move in upward direction so a great opportunity are available here for us wish you best of luck enjoy your trading thank you so much for sharing
      visit my trading journal to see my successful career at forex
      https://forum.mt5.com/showthread.php...1#post13383814


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