{"id":13607,"date":"2023-05-02T10:44:04","date_gmt":"2023-05-02T10:44:04","guid":{"rendered":"https:\/\/tradingshot.com\/?p=13607"},"modified":"2023-05-22T10:47:36","modified_gmt":"2023-05-22T10:47:36","slug":"audcad-testing-the-top-of-the-channel-down-sell","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2023\/05\/02\/audcad-testing-the-top-of-the-channel-down-sell\/","title":{"rendered":"AUDCAD Testing the top of the Channel Down. Sell."},"content":{"rendered":"<p>The AUDCAD pair hit today the 1D MA50 (blue trend-line) for the first time in more than two months (since February 22). By doing so, it has approached both the Channel&#8217;s top (Lower Highs trend-line) and Resistance 1 (0.912750) of the April 03 High.<\/p>\n<p>With the 1W RSI still far from its Support\/ Buy Zone, we treat today&#8217;s rise as a sell opportunity and short towards the Channel&#8217;s bottom (Lower Lows trend-line), targeting 0.8870 (November 21 2022 Low).<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/AUDCAD\/GcPkunNY-AUDCAD-Testing-the-top-of-the-Channel-Down-Sell\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/AUDCAD\/GcPkunNY-AUDCAD-Testing-the-top-of-the-Channel-Down-Sell<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The AUDCAD pair hit today the 1D MA50 (blue trend-line) for the first time in more than two months (since February 22). By doing so, it has approached both the Channel&#8217;s top (Lower Highs trend-line) and Resistance 1 (0.912750) of the April 03 High. With the 1W RSI still far from its Support\/ Buy Zone,<\/p>\n","protected":false},"author":611,"featured_media":13608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1637],"tags":[],"class_list":["post-13607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=13607"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13607\/revisions"}],"predecessor-version":[{"id":13610,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13607\/revisions\/13610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/13608"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=13607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=13607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=13607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}