AUDCAD:🔴Bearish scenario...!🔴
Updated
Hello Traders
As you can see the price purged the daily buy-side liquidity and then the market structure was shifted on the hourly chart.
Now the price is inside a range, creating the double purge scenario for us.
If the price sweeps the buy side liquidity first, it is a chance to enter the sell position with LTF confirmation.
💡Wait for the update!
🗓️10/05/2024
🔎 DYOR
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Trade closed: target reached
The price hit the TP after collecting the buy-side liquidity.The results: +40 Pips
Cheers 🥂
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