AUDCAD - DAILY - Short on Confluence
Monthly Pivot
Strong Trend-line Support already rejected twice before last high, now has Pivot support
Strong RSI Divergence on 1 and 4 HR time frames.
Possible Long until Butterfly completion, with profit taking along the way.
Monthly Pivot
Strong Trend-line Support already rejected twice before last high, now has Pivot support
Strong RSI Divergence on 1 and 4 HR time frames.
Possible Long until Butterfly completion, with profit taking along the way.
Note
No trade yet, lets see where the 4HR retest candle completes, we see a little more upside with the strong AUD moveNote
This trade also open and currently in mirroring very well, although there is room for both to complete targets 
Note
While this still may reverse, it has invalidated my idea currentlyWill review again soon as the Daily has closed above my retest zone and broke the Point
Order cancelled
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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.