Swing Trade consideration for Week 13 to 17 March 2017
AUDCAD - D1
Currently AUD is strong, Gold is weak, thus CAD is weak. On D1, Price is testing vertical blue line (also 50% on Fibonacci) but not yet at 21EMA (32.8% on Fibonacci)
AUDCAD - H4
On H4, Price is in a Wedge, 5, 8 21 MA’s all together. Wait for new Weekly Pivot Points. If Price breaks upwards and closes outside of Wedge, Enter the trade.
AUDCAD - H1
On H1, Price is Ranging