I've worked down the timeframes on AUDCAD and have seen a potential buy opportunity.
Technical analysis, using Stochastic Indicator, I can see price is almost oversold.
On the 4H chart, there has been a crossover of thr 50 & 100 day moving averages.
Price tested, broke and retraced the Resistance zone marked on the chart. After a short sell off, I believe price has created a new Higher-Low and there will be a continuation of the uptrend.
Let me know your thoughts, Like, Comment & Follow for more trade ideas!!
Technical analysis, using Stochastic Indicator, I can see price is almost oversold.
On the 4H chart, there has been a crossover of thr 50 & 100 day moving averages.
Price tested, broke and retraced the Resistance zone marked on the chart. After a short sell off, I believe price has created a new Higher-Low and there will be a continuation of the uptrend.
Let me know your thoughts, Like, Comment & Follow for more trade ideas!!
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。