AUDCADLeave a like below as well as a comment if this is helpful, it is always much appreciated!
- At the moment on the 1H time frame, price action can still make another impulse creating an inverse head and shoulders
- Price action would then sell off and would lead to a retest at 0.94979
- With enough bearish pressure price action should make its way down to 0.94563
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.