1mn with ForexSurvivor


AUDCAD Back & Forth,

Its winning and losing streak are lost, in dilemma, and perpetuate. If one indicator is up, the second is down, one time frame trend is down, another is up, can’t be topped, can’t be nailed, and can’t be bottomed! Complete nuts!

Technically, let’s filter those nuisances into simple myth of art:
1. The hourly chart, shows an uptrend channel between 24 Jul & 06 Aug.
2. After 06 Aug & Forth, a downward channel is penciling.
3. Both channels converge at 1.0175, slightly below the double top @1.0188 of the last two days.
4. As long as no close above 1.0188 is triggered, and as long as a rally performs a print at 1.0165, the cross is sellable targeting 1.0080


***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.


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