Hello! This is your finance professional, and here is a new high-quality analysis.
Today we will review the AUDCAD currency pair.
On the chart, we can see that after a strong impulse the price went into a correction. The decline did not follow a usual structure but formed a wedge pattern.
A wedge pattern is a reversal structure. That is exactly what happened — the price reversed and we saw the continuation of the uptrend.
Right now, I have taken a long position according to my trend-following strategy and set the target at the asset’s high.
Today we will review the AUDCAD currency pair.
On the chart, we can see that after a strong impulse the price went into a correction. The decline did not follow a usual structure but formed a wedge pattern.
A wedge pattern is a reversal structure. That is exactly what happened — the price reversed and we saw the continuation of the uptrend.
Right now, I have taken a long position according to my trend-following strategy and set the target at the asset’s high.
More content, analytics, trades, and training on my Telegram channel and X📈
📌EN - t.me/finance_lodge
📌RU - t.me/lozha_financista
📌X (Twitter) - x.com/financier_fx?s=21
📌EN - t.me/finance_lodge
📌RU - t.me/lozha_financista
📌X (Twitter) - x.com/financier_fx?s=21
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
More content, analytics, trades, and training on my Telegram channel and X📈
📌EN - t.me/finance_lodge
📌RU - t.me/lozha_financista
📌X (Twitter) - x.com/financier_fx?s=21
📌EN - t.me/finance_lodge
📌RU - t.me/lozha_financista
📌X (Twitter) - x.com/financier_fx?s=21
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.