Trade idea - AUDCAD Long
4H
Corrective approach towards entry zone.
Market approaching in Bull Flag formation towards entry zone.
-68 Fibonacci level aligning with entry zone.
= Buy limit set.
1% risk.
Corrective approach towards entry zone.
Market approaching in Bull Flag formation towards entry zone.
-68 Fibonacci level aligning with entry zone.
= Buy limit set.
1% risk.
Note
MONTHLYDouble bottom pattern potentially in play.
Clear support & resistance zone is there.
Market currently trading at zone where Bears could be powerful. -27 Fibonacci also completed. Keep in mind.
Note
WEEKLYBullish M pattern potentially in play.
Clear support & resistance zone is there.
Note
DAILYBullish impulse / new HH: indication.
Pattern within pattern: confirmation.
Inverse Head & Shoulders, Bullish M.
Clear support & resistance zone is there.
Trade active
Trade active.
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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.
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.