Lingrid | AUDCAD Potential Trend Shift Channel Break

perfectly played out my previous trading idea. Price is pressing into the 0.91800 barrier after a steady climb from the support, with bullish pressure supported by the upward trendline. The latest series of higher lows shows buyers maintaining control, while the recovery from the base continues to build momentum. Price is now approaching a major reaction zone that previously sent the market lower, making this level a key spot for confirmation.

If bulls secure a breakout above channel, it could drive toward the 0.92210 resistance shelf, which aligns with the monthly high and the upper boundary of the broader structure. Holding above the trendline keeps upside momentum intact and favors continuation.

➡️ Primary scenario: sustained strength above 0.91600 → move toward 0.92210.
⚠️ Risk scenario: a drop back below trendline weakens bullish structure.

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!

Trade attivo

almost done...

Trade chiuso: obiettivo raggiunto

Perfect - target DONE 😜👏

Lingrid

🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
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Lingrid | AUDCAD Channel Resistance Selling Opportunity

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Lingrid

🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j