Trade idea - AUDCAD Long
Updated
4H
Corrective approach towards entry zone.
Market approaching in Bull Flag formation towards entry zone.
-68 Fibonacci level aligning with entry zone.
= Buy limit set.
1% risk.
Corrective approach towards entry zone.
Market approaching in Bull Flag formation towards entry zone.
-68 Fibonacci level aligning with entry zone.
= Buy limit set.
1% risk.
Note
MONTHLYDouble bottom pattern potentially in play.
Clear support & resistance zone is there.
Market currently trading at zone where Bears could be powerful. -27 Fibonacci also completed. Keep in mind.
Note
WEEKLYBullish M pattern potentially in play.
Clear support & resistance zone is there.
Note
DAILYBullish impulse / new HH: indication.
Pattern within pattern: confirmation.
Inverse Head & Shoulders, Bullish M.
Clear support & resistance zone is there.
Trade active
Trade active.
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