on H4: AUDCAD is overall bearish trading inside our blue channel and it is currently approaching a strong resistance level 0.94 in green so we will be looking for trend-following sell setups on lower timeframes.
On M30: AUDCAD is retesting our upper blue trendline from H4, so as price approaches our 0.94 resistance, we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward.
Good Luck!
On M30: AUDCAD is retesting our upper blue trendline from H4, so as price approaches our 0.94 resistance, we will be waiting for a third swing to form around our lower red trendline to consider it valid and sell on its break downward.
Good Luck!
Trade Made Simple
RichTL.com
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Best CFD broker - Tickmill
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RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.