it looks good. But what if Aud is also weak in the next week
SwissPips
⋅
@yitiancai, We will have to see how prices will go around this trend line. Of course in case they don't break to the downside this setup is no longer valid.
quantmiscs
⋅
Hi Swisspips what do you reckon on cadjpy short ?I`m using 2h chart combined with d1 chart i can see 2h chart price struggleing to get higher and d1 suggest trend continuation downwards.I`m looking forward to hear your ideas as u got a good sense of the market !
SwissPips
⋅
@quantmiscs, Actually anything can happen from a H4 perspective. As you can see the pair is about to confirm a direction but I would favor the upside, since on H1 it's making higher lows + volumes tend to show that buyers are in....