Hey guys, Here I share with you a trading idea with the AUDCAD using the 15m timeframe. What happens here is false breakout in the orange area, which gives us a buying oportunity, expecting a retracement near the orange area and a "trigger candle" (engulfing). the retracement can be given near the area or in the 50% of the distance between the current price and the orange area. Happy trades.
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.