This is my short term long idea for AUDCAD. We have broken out of the daily downtrend with a bullish engulfing candle. we have also broken out of consolidation zone and are currently retesting as support.
This is just an idea and am open to all the constructive criticism I can get as I'm still early stages of trading!
This is just an idea and am open to all the constructive criticism I can get as I'm still early stages of trading!
Note
After the wick hunting price has now began to climb to the upside, expecting resistance at the 0.92420
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Disclaimer
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.