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Australian Dollar/Canadian Dollar
Long

Trade idea - AUDCAD Long

By FXKjell
Updated
4H

Corrective approach towards entry zone.
Market approaching in Bull Flag formation towards entry zone.

-68 Fibonacci level aligning with entry zone.

= Buy limit set.

1% risk.
Comment
MONTHLY

Double bottom pattern potentially in play.

Clear support & resistance zone is there.

Market currently trading at zone where Bears could be powerful. -27 Fibonacci also completed. Keep in mind.

snapshot
Comment
WEEKLY

Bullish M pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Comment
DAILY

Bullish impulse / new HH: indication.

Pattern within pattern: confirmation.
Inverse Head & Shoulders, Bullish M.

Clear support & resistance zone is there.

snapshot
Trade active
Trade active.
AUDCADChart PatternsForexfxtradingnakedchartpriceactionsimpletradingsupplyandemandzonessupportandresistancezonestechincalanalysisTrend Analysis
FXKjell

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