AUDCAD H1
The market is retesting the resistant/ neckline on the weekly timeframe, and the D1 Downtrend was brocken meaning the change in direction
Confimation: Wait for the H1 downtrend to brocken
Entry: Use H1 and enter after the breakout of the trend
Risk Management: Stoploss below the previous lower low
Confimation: Wait for the H1 downtrend to brocken
Entry: Use H1 and enter after the breakout of the trend
Risk Management: Stoploss below the previous lower low
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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.
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.