AUDCAD Buy The Next Target is In Place Now
Seeing the strong move happen just before the weekend kicked in this pair had me curious. I checked a few things and see this is a clear buying signal. We have a breakout on the bullish harmonic (breach) and break above Darva's box, and we have breakout over my market structure bar setting. Also, I forgot to mention, sentiment is strong against sellers. We have a high number of short positions. I take contrarian view. In today's video I explain why I bought and where I expect price to go.
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Disclaimer
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.