AUDCAD 4H Inefficient Pricing - 1:10 Risk Reward TradeThis is a very small trade in terms of pips however the potential percentage is huge. There is an inefficiency shown on my analysis and this must be filled before pushing down from this head and shoulders formation.
There are many ways you can incorporate multiple styles together.
Using "smart money" with standard chart patterns and fibonacci can be a great combination!
Focus on learning to understand how the markets move and you'll learn to manipulate Risk Reward in ways you'd never imagine.
Inefficiency
Long-term Gold - Gap hunting.Confluence with multiple methods of TA.
Volume shows strength.
Moving Average 50 with -50 offset is the best indicator of trend when paired with structural analysis.
MACD crossing bullish; big divergence and continuation signal.
Bullish Channel established.
This is not a buy signal, this is strategy testing.