AUDCAD buy opportunity at the bottom of the Channel Down
AUDCAD is approaching the bottom of the annual Channel Down, having crossed under the 0.236 Fibonacci level.
As the 1day RSI forms a Higher Lows bottom pattern, the conditions for a medium term buy arise.
Buy and target the 0.618 Fibonacci level at 0.8885 or book the profit earlier if it hits the 1day MA50 first.
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As the 1day RSI forms a Higher Lows bottom pattern, the conditions for a medium term buy arise.
Buy and target the 0.618 Fibonacci level at 0.8885 or book the profit earlier if it hits the 1day MA50 first.
Follow us, like the idea and leave a comment below!!
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thecryptagon.com covers news & insights on global markets (crypto, forex, stocks, commodities)
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.