AUDCAD - Wait For The Trigger!

Oct 17, 2021

Hello everyone, if you like the idea, do not forget to support with a like and follow.

AUDCAD is sitting around a daily support zone so we will be looking for buy setups on lower timeframes.

on H1: AUDCAD formed an inverse head and shoulders pattern but it is not ready to go yet.

Before we buy, we want the buyers to take over again.

Trigger => Waiting for a momentum candle close above the gray neckline to buy.

Meanwhile, until the buy is activated, AUDCAD would be overall bearish can still trade lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich