uurr273

AUDCAD HTF overview with LTF Bias D/4h/1h

FX:AUDCAD   Dollar australien/Dollar canadien
Sharing what I feel I am seeing on ACAD, Open to thoughts around my analysis. I'm watching to see proof of confirmation via wyckoff Schematics.

Again these are my Ideas only and a means to forward test , learn + grow.

Daily
I can see the market is bearish. The Poi marked up sponsored the price into a previous redistribution, to mitigate before continuing its bearish leg down. I anticipate price to come Into this area within which I will Consider sellers taking over - proof via Wyckoff Distribution Schematic.

4H
Can see price approaching a supply Zone . To break this price action may need a 'recoil'. The most recent re-accumulation may need mitigation In order to break the supply Zone + target poi .

1 H
Chart details what I anticipate depending on price Action


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.