Trade idea - AUDCAD Long
Updated
4H
Bullish impulse: indication.
Pattern within pattern: confirmation.
Inverse Head & Shoulders pattern + Bullish Fake Out flag pattern.
Clear support & resistance zone is there.
-68 Fibonacci completion aligning with entry zone.
Corrective approach towards entry zone.
= Buy limit.
1% risk.
RBA Gov Bullock speaks at 1.30 AM. Be aware.
Bullish impulse: indication.
Pattern within pattern: confirmation.
Inverse Head & Shoulders pattern + Bullish Fake Out flag pattern.
Clear support & resistance zone is there.
-68 Fibonacci completion aligning with entry zone.
Corrective approach towards entry zone.
= Buy limit.
1% risk.
RBA Gov Bullock speaks at 1.30 AM. Be aware.
Note
3M
Pattern within pattern potentially in play.
Inverse Head & Shoulders, Bullish M.
Clear support & resistance zone is there.
Ascending trend line holding up price.
Note
WEEKLY
Double bottom pattern can be in play with the fake out towards that 3M zone.
Clear support & resistance zone is there.
Note
DAILY
Bullish impulse / new HH: indication.
Bullish M pattern: confirmation.
Clear support & resistance zone is there.
Ascending trend line holding up price.
Order cancelled
Buy limit removed. 
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