AUDCAD - the bears will get stronger
This is my best guess on AUDCAD outlook on the daily.
The move up to the latest swing high on the daily was a 3-3-3 pattern which is an WXY pattern again. This pair seems to like printing complex correction patterns.
The momentum is to the downside and we should only be looking for shorts!!!
The move up to the latest swing high on the daily was a 3-3-3 pattern which is an WXY pattern again. This pair seems to like printing complex correction patterns.
The momentum is to the downside and we should only be looking for shorts!!!
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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.