AUDCAD | Bullish Delivery Still in Progress

125
Higher-timeframe structure remains bullish, so I’m maintaining the same bias from previous week’s outlook.

Price engineered internal liquidity, swept a larger liquidity pool for fuel, and mitigated the last point of interest within the lower-timeframe main external range. That area held, and we’ve since seen bullish delivery.

I’m expecting price to continue delivering and break through the internal highs. If price retraces to seek additional liquidity before continuing higher, I’ll be watching for the current internal inducement leg to be taken, with price rotating into my freshly unmitigated green box below. Until then, I’m staying patient, tracking the delivery, and letting price reveal the next opportunity.

Patience is key
Tracking remains the edge.
Let’s go.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.