AUDCAD two possible scenarios
on DAILY: AUDCAD is sitting midway between our blue resistance and green support so we will be looking for buy/sell opportunities.
on H4: AUDCAD is overall bullish unless price breaks below its last swing, then we will sell this one.
meanwhile, AUDCAD would be overall bullish and we will be looking for objective buy setups (trend-following) on lower timeframes.
on M30: AUDCAD is forming a red trendline (not valid yet) so we are waiting for a third swing to form around it to consider it valid and then enter on its break upward.
on H4: AUDCAD is overall bullish unless price breaks below its last swing, then we will sell this one.
meanwhile, AUDCAD would be overall bullish and we will be looking for objective buy setups (trend-following) on lower timeframes.
on M30: AUDCAD is forming a red trendline (not valid yet) so we are waiting for a third swing to form around it to consider it valid and then enter on its break upward.
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RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
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