AUDCAD POSSIBLE BEARISH MOVE
CONFIRMATIONS:
- BULLISH BEARISH CHANNEL W/ PRICE ON 1/2 AREA (+ LARGE BULLISH CHANNEL W/ PRICE @ 1/4 AREA (NOT ON CHART))
- UPPER BOUNDARY OF BULLISH DAILY + HOURLY CHANNEL
- SIGNIFICANT NUMBER
- 50% + 71% FIBONACCI RETRACEMENT
**THIS ANALYSIS IS CONDUCTED AFTER CORRELATION ANALYSIS OF OTHER MARKETS IS CONDUCTED**
**ADDITIONAL RISK AGAINST LONGER TERM HTF BIAS**
- BULLISH BEARISH CHANNEL W/ PRICE ON 1/2 AREA (+ LARGE BULLISH CHANNEL W/ PRICE @ 1/4 AREA (NOT ON CHART))
- UPPER BOUNDARY OF BULLISH DAILY + HOURLY CHANNEL
- SIGNIFICANT NUMBER
- 50% + 71% FIBONACCI RETRACEMENT
**THIS ANALYSIS IS CONDUCTED AFTER CORRELATION ANALYSIS OF OTHER MARKETS IS CONDUCTED**
**ADDITIONAL RISK AGAINST LONGER TERM HTF BIAS**
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.