AUDCAD, WHICH WAY EVENTUALLY ?
From the structure , we notice that the structure , from previous history clearly has touched the dynamic support zone , this hints us that the price action will find its way to the dynamic resistance zone , and rom such bias we start to observe the current price action . that forms higher high and higher lows in this case. which clearly signifies the uptrend.
but on observation the price is currently trapped from the lateral resistance and support .
but here is the catch , we will be willing to hop in the trade once the , price action kicks out of that ranging to look for the target to the next price zone.
but on observation the price is currently trapped from the lateral resistance and support .
but here is the catch , we will be willing to hop in the trade once the , price action kicks out of that ranging to look for the target to the next price zone.