AUDCAD: Short after the breakout
Hi traders,
On the AUDCAD 4H timeframe we were just a few pips away from a completion of a perfect AB=CD pattern. It looks like price could use a reaction and the point D seems like a great idea for that.
I'm waiting for a breakout of the trendline and enter from there, to confirm the switch in momentum.
Cheers!
On the AUDCAD 4H timeframe we were just a few pips away from a completion of a perfect AB=CD pattern. It looks like price could use a reaction and the point D seems like a great idea for that.
I'm waiting for a breakout of the trendline and enter from there, to confirm the switch in momentum.
Cheers!
Related publications
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.