AUDCAD; important decision ahead
For about four weeks now AUDCAD has been trading in a strong bearish trend. So far the price has formed a falling wedge pattern on 4H as it approaches the daily support which is also a potential demand zone.
I expect a reversal from this zone. To trade more safely I will wait for the breakout and retest of the structure.
The setup will be invalid once the price violates the highlighted support.
What is your opinion on AUDCAD?
I expect a reversal from this zone. To trade more safely I will wait for the breakout and retest of the structure.
The setup will be invalid once the price violates the highlighted support.
What is your opinion on AUDCAD?
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.