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Audcadanalysis

AUDCAD ZONE TRADE SETUPIN AUDCAD price was its support and previous range resistance area on the monday open wait for the direction of market if price break its trendline and black level to the upside the good setup to trade for long and the targets are next level which is 0.8794 and thursday high/ 2nd scanario/ if price break this level of support to the downside than we see on the left hand side clear rang consolidation range and expected to price move in this range and test its range low 0.86000 area.
by naumanfx_
AUDCAD BEST SETUP TO TRADEIn audcad we see price was in clear range area from last some days and cosolidate this zone and now price break this area of accumulation phase to upside and on 4h candle close bullish above the zone and range this show the clear break out of market structure and now price restest this resistance now as a support so here we have a good entry for long if price restest and then give us confirmation through candle stick like bullish engufing cndle or hammer and rejecting candle so we go long for the target of next resitance area.
Long
by naumanfx_