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AUDCAD, WHICH WAY EVENTUALLY ?From the structure , we notice that the structure , from previous history clearly has touched the dynamic support zone , this hints us that the price action will find its way to the dynamic resistance zone , and rom such bias we start to observe the current price action . that forms higher high and higher lows in this case. which clearly signifies the uptrend. but on observation the price is currently trapped from the lateral resistance and support . but here is the catch , we will be willing to hop in the trade once the , price action kicks out of that ranging to look for the target to the next price zone.
Long
by DIGITALASSETSINC
GBPUSD , BUYSFrom the outer structure we can clearly see the price , hitting the lateral support zone, this way we see the price action was at the correction phase , we expect an impulse there after . we are able to observe the impulse and the correction that is trapped in between the support and resistance zone , from the price action we need to find a trend , the trend will be found once the price action breaks the previous higher highs , to focus on the next high value areas.
Long
by DIGITALASSETSINC