Convergence of Patterns
Traders, I've spotted a compelling shorting opportunity on AUDCAD, presenting itself differently across various timeframes.
Specifically, the daily chart indicates a trend trading setup, showcasing the convergence of both the Bearish Shark and Bearish Crab Patterns in the same region.
My strategy involves waiting for the market to reach the 0.9000 region before considering engagement. At this level, I anticipate price action traders joining in, amplifying the trade potential.
What are your thoughts or trade plans for AUDCAD? Share your insights or potential strategies below!
Specifically, the daily chart indicates a trend trading setup, showcasing the convergence of both the Bearish Shark and Bearish Crab Patterns in the same region.
My strategy involves waiting for the market to reach the 0.9000 region before considering engagement. At this level, I anticipate price action traders joining in, amplifying the trade potential.
What are your thoughts or trade plans for AUDCAD? Share your insights or potential strategies below!
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Live session & Trading Tips on the GO
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