AUDCAD H4 - I've marked on the bullish structure here because of the support significance, I think we should see a bullish reaction before breaking the neckline and potentially filling the double bottom, big fan of buying from support more so than selling from resistance, so usually catch an eye for these setups more than short setups. Just need to be patient for price to reach support and see what factors could influence (data/headlines/etc).
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Want to find our more about us? Check out the website link below!
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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.