CAD/CHF (Trend Continuation - Short)
1. Lower Highs Lower Lows
2. Below 50 & 200 EMA
3. Horizontal Resistance (0.9100)
4. RSI Convergence
5. Price Action (Doji Bar)
6. Fib Retracement Resistance (0.50%)
The only concern is the hard level of 0.9032 is in the way
AUD/NZD (Trend Reversal - Long)
The pair is on its strong monthly, weekly & daily support level of 1.2172. RSI is giving strong divergence signal while made an inside bar. The only missing thing is Fib Extention level which I am really wondering about as couple of week ago EUR/AUD same scenario happend when it wasn't giving any Fib Extention level but it was profitable trade. Even in USD/CAD & EUR/CAD in Trend Reversal trades (last few weeks) there was no Fib Extention level but the trade turned out profitable.
So the recent oppertunities of Range Based Reversal & Trend Reversal missed out due to no Fib Extention level but they all turned out profitable.
