AUD/CAD SELL THEN BUY
Aud/Cad has been giving us some great price action to understand the chart, i believe there is a regular flat forming off a big down impulse, meaning another down move is coming. However this is only the corrective structure to the bigger picture. This pattern completes if the lows of B are broken, if they are not then look for upside and potentially the correction is over. SHORT TERM SELL - LONG TERM BUY (PS not trade calls, just direction)
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.