Picture perfect setup on AudCad
Updated
firstly we had an fvg from monthly chart where jul month candle has retested it
on the following lower time frames we can se price first trapped the early long players and came upto the mid line of fvg
the three candle as red impulse to down side then a doji followed by green big bar is sight indication of long build up
if so,
the current running candle can retest the doji candle high where we can put the buy order and recent low as our stop loss strictly
0.9800 >> 0.9115 >> 0.953
could be the potential target
on the following lower time frames we can se price first trapped the early long players and came upto the mid line of fvg
the three candle as red impulse to down side then a doji followed by green big bar is sight indication of long build up
if so,
the current running candle can retest the doji candle high where we can put the buy order and recent low as our stop loss strictly
0.9800 >> 0.9115 >> 0.953
could be the potential target
Trade closed: target reached
done
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