AUD/CAD - BBMA Buy Setup H4, Potential Reentry Buy | 19.01.2021
Updated
Technical analysis based on Basic BBMA strategies ( Bollinger Band and Moving Average) . This is just a prediction where the market go. TAYOR.
Potential BUY
Entry point: Reentry Zone ( Only if there a CS Reject) & Reentry MHV 0.97913
Cutloss : When CS able to close and break Low BB.
Deduction: Now just wait for price to retest at Reentry Zone after CSAK. If CS able to breakout Reentry Zone, PO Buy at Reentry MHV . TAYOR.
Potential BUY
Entry point: Reentry Zone ( Only if there a CS Reject) & Reentry MHV 0.97913
Cutloss : When CS able to close and break Low BB.
Deduction: Now just wait for price to retest at Reentry Zone after CSAK. If CS able to breakout Reentry Zone, PO Buy at Reentry MHV . TAYOR.
Order cancelled
Price dint retest to entry point at Reentry Zone & Reentry MHV and has already reached TP 2.Note
Price still retest to Reentry MHV and hit TP 2.
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