As you may know, AUDCAD is currently on a Bearish Trend, which means that buying at this pair is a counter-trend move.
However, I wanted to let you know that the Bullish Shark Pattern has been completed on the Weekly Chart with an RSI Divergence.
There are two ways to engage with this pattern. The first is the Bullish Gartley Pattern, which has warning signs that it is completing on the 4-hourly chart at 0.8603. The second is completing on the 1-hourly chart at 0.8650.
Given these options, which one would you prefer to choose? Let me know your thoughts and we can discuss further.
However, I wanted to let you know that the Bullish Shark Pattern has been completed on the Weekly Chart with an RSI Divergence.
There are two ways to engage with this pattern. The first is the Bullish Gartley Pattern, which has warning signs that it is completing on the 4-hourly chart at 0.8603. The second is completing on the 1-hourly chart at 0.8650.
Given these options, which one would you prefer to choose? Let me know your thoughts and we can discuss further.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.