AUDCAD LONG
starting off with the monthly Timeframe you can see a clear and respected triple bottom at 0.87029
Weekly timeframe a clear BOS at 0.90172 this shows buyers are in control
Daily timeframe having seen a pullback to 0.90172 seeing rejection this is a good sign we can go back to swing high
right now you can see sellers stepping in and trying to take control. from next week I can see price getting above 0.90650 this is where ill be looking for LONG positions
remember to do you're own research as well
Weekly timeframe a clear BOS at 0.90172 this shows buyers are in control
Daily timeframe having seen a pullback to 0.90172 seeing rejection this is a good sign we can go back to swing high
right now you can see sellers stepping in and trying to take control. from next week I can see price getting above 0.90650 this is where ill be looking for LONG positions
remember to do you're own research as well
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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.