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Hey traders and beauties! On previous month I used preferably LWMA and Stochastic Fast indicators. On this upcoming month I will make my analysis based on Fractal and Alligator indicators. Good luck for this month of trading for everyone AUD/CAD presently mark: 0.99040 Forecast: Buy Sell on Fractal Maximum signal and on Alligator Lips crossing down Alligator Teeth (and Alligator Jaw line) Buy on Fractal Minimum signal and on Alligator Lips crossing up Alligator Teeth (and Alligator Jaw line) H4…
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AUD/CAD presently mark: 0.99970 Forecast: Buy H4 Key points: Top Resistance: 1.00114 1st support: 0.99805 2nd support: moving bottom line of the channel 3rd support: 0.99000 Floor: 0.98110 LWMA: Up StochF: Up Buy above the circle and sell below it. If the price cross the bottom line of the channel then the floor is the target.
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AUD/CAD presently mark: 0.9816 Forecast: hold H4 Key points: Top Resistance: 0.98820 1st support: 0.97800 2nd support: Fibonacci Retracement (61.8%) Floor: 0.96500 Stochastic: on upside path Of course we should buy on first support and sell on top resistance and wait for the right signals to do it. At this right moment we are at the middle of the Consolidation area and Stochastic is telling us to hold our positions until the perfect moment.
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