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AUDCAD: Completed Compression ✅
Australian Dollar/Canadian Dollar
Long
AUDCAD: Completed Compression ✅
By AlkalineFX
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Jul 11, 2022
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Jul 11, 2022
After a long period of time, the compression was completed and all the early buyers invited into the compression trap were liquidated.
I will now be looking to join the true buys around a solid area of demand.
We may bounce from here but I believe we are likely to push deeper into the initial demand before we see any reaction.
As always, I will be monitoring this on the lower time frames for entries with my members.
AUDCAD
audcadlong
audcadshort
compression
Harmonic Patterns
Technical Indicators
Oil
signals
signalservice
Wave Analysis
Zigzag
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