17 Dec 2019

AUD/CAD Forex Analysis and Forex Signal

by | posted in: Market Commentary, slick trade, slicktrade, SlickTrade Online Trading Academy | 0
  • We received a short signal from our harmonic pattern EA
  • The EA has a 90% win rate on the D1 timeframe
  • Price reached a major resistance level

Our target range for the short entry is: 0.896871 – 0.88585

What others are predicting

We see other traders’ analysis on the live trading charts, that show:

Pattern: Rectangle on 1D.

Signal: Bearish if the Higher Low trend-line (red shade) breaks.

Target: 0.8900 (symmetrical Support
There’s a supply zone , waiting for short with R:R 1:3.

Cheers to another successful week!

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