Dólar Australiano/Dólar CanadenseViés de baixa
Expanding Wedge + Liquidity at the top
AUDCAD moved in the downside direction in an expanding wedge pattern. It is seen on the Daily and even better on the Weekly timeframe.
Both of the currencies are influenced by commodity prices. The difference maker might be interest rates of the central bank with CAD winning here (hence downside bias).
I think the makers might use volatility derived from the war to push the market further up beyond the wedge borders. There are two fractal tops at roughly the same spot which means --- liquidity.
I want to short from that area.
Both of the currencies are influenced by commodity prices. The difference maker might be interest rates of the central bank with CAD winning here (hence downside bias).
I think the makers might use volatility derived from the war to push the market further up beyond the wedge borders. There are two fractal tops at roughly the same spot which means --- liquidity.
I want to short from that area.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.