The AUDCHF has been in an up-trend for the last few months which has seen price sky rocket! The best play to enter this market on the daily chart has been to enter long only. Price now has stalled and has shown the first signs of weakness in a long time. This pair has produced a double top and …
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AUDCAD Weekly BEEB
The weekly chart of the AUDCAD formed a very solid Bearish Engulfing Bar (BEEB). This BEEB was formed at a relevant resistance level and was also quite a large signal. Price Action traders who spotted this signal would have noticed it was a sign of weakness and shorted this pair. Price has broken …
