AUDCAD, Long
Price action is shifting from a bearish market to a potential bullish one. Price is currently moving within a decending channel which is at a level that has had a strong reaction too previously indicating that we could see the next bullish phase begin.
To add confluence to this set up, we could see a H&S pattern which the Right shoulder could be in the beginning with a swing target of 0.93350 range.
Look at the LTF for an entry that meets your trading plan.
Thanks
Trade safe
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To add confluence to this set up, we could see a H&S pattern which the Right shoulder could be in the beginning with a swing target of 0.93350 range.
Look at the LTF for an entry that meets your trading plan.
Thanks
Trade safe
** If you felt this was helpful in any way, hit the LIKE button and FOLLOW me for more educational ideas and analysis **
Share your opinion on this pair by leaving a comment
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