Hi Traders,
AUDCAD formed a nice CAB (correction after breakout) which gives us confluence on more upside potentially. Looking at the HTF, we can see a reversal structure which price has broken out of a LTF decending channel forming a continuation correction. Looking for a confirmation to enter long position next week.
Let me know your analysis!
Trade safe
AUDCAD formed a nice CAB (correction after breakout) which gives us confluence on more upside potentially. Looking at the HTF, we can see a reversal structure which price has broken out of a LTF decending channel forming a continuation correction. Looking for a confirmation to enter long position next week.
Let me know your analysis!
Trade safe
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.