AUDCAD long bias
I see 2 possible entry points for long entry.
1. Bounce on 15m timeframe support, also uptrend trendline on 1 hour timeframe + bounce on daily pivot.
2. After break of Resistance on 1 hour timeframe, new entry when retraced back down.
1. Bounce on 15m timeframe support, also uptrend trendline on 1 hour timeframe + bounce on daily pivot.
2. After break of Resistance on 1 hour timeframe, new entry when retraced back down.
Note
Market broke structure. No confirmation for entry, no loss.Always look for confirmation.
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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.