Hello Traders
I hope you all are doing well.
The idea here is about AUDCAD Long.
I am most inclined towards price action, the moment we breakout. i will be taking the trade.
Observations below
Falling wedge (Waiting for breakout)
Elliot wave 5-3 completed. (Considering last 1D candle taking support on trendline started on 21 Oct 2022)

Harmonic pattern
Bullish Butterfly 1D (For TP3 0.97145)

5 Bullish Divergences 1D RSI, Stoch, OBV, MFI, Hist

Not a financial advice.
I hope you all are doing well.
The idea here is about AUDCAD Long.
I am most inclined towards price action, the moment we breakout. i will be taking the trade.
Observations below
Falling wedge (Waiting for breakout)
Elliot wave 5-3 completed. (Considering last 1D candle taking support on trendline started on 21 Oct 2022)
Harmonic pattern
Bullish Butterfly 1D (For TP3 0.97145)
5 Bullish Divergences 1D RSI, Stoch, OBV, MFI, Hist
Not a financial advice.
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.
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.