theyfollowme

AUDCAD | Long | Update v1.2

Panjang
FX:AUDCAD   Dolar Australia/Dolar Kanada
Price has been bottoming out for a few weeks now and we have an inverse head and shoulder at play on the daily w/ lower time frames quietly awakening to Impulsive engulfing candles.

I can go on about the technicals but reference previous posts and you’ll see the original play is still in tact.

Only difference is we are now in a lower high and higher low bullish triangle. By dec. 5th we expect to target the length between most recent low/high, this swing resonates with supply levels at the .92 psychological round number.

it’s been a wild ride here for a few weeks now, but it goes to show that with proper money management, and multiple entry/exit strategies, you can catch big moves and stomach volatility.

Lastly, have a brain and make your own analysis as our trading styles/analysis could be right and wrong at different time intervals.

Happy pippin folks!
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.