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Audcadforecast

AUDCAD - Long from bullish order block ✅Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here I expect price to go a little bit lower to fill the imbalance and then to reject from bullish order block + institutional big figure 0.89000. My target is buy stop liquidity. Fundamental analysis: Tomorrow we have news event on AUD, will be released monthly Unemployment Rate. If the result is lower than forecasted it means strength of AUD which will support our move. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
AUDCAD - Expect retracement ✅Hello traders! ‼️ This is my perspective of AUDCAD . Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional mid figure 0.915000. ‼️Attention!!! Due to the fact that we have news events on CAD on Wednesday and Friday, the analysis can be invalidated. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
Volatile structureThe market has been nicely volatile with both bullish and bearish turns, currency at this high rejection region because price tested the region three times and got rejected. With the previous rejection price fell to the liquidity once again and gave us a double bottom to shoot straight to the rejection. Now we the imbalance as indicated along with point of interest. If price breaks this structure then we target the supply zone above, otherwise we ought to drop we the current candlestick and correct the imbalance below…
by tokelohomi