Traders, I've spotted a compelling shorting opportunity on AUDCAD, presenting itself differently across various timeframes.
Specifically, the daily chart indicates a trend trading setup, showcasing the convergence of both the Bearish Shark and Bearish Crab Patterns in the same region.
My strategy involves waiting for the market to reach the 0.9000 region before considering engagement. At this level, I anticipate price action traders joining in, amplifying the trade potential.
What are your thoughts or trade plans for AUDCAD? Share your insights or potential strategies below!
Specifically, the daily chart indicates a trend trading setup, showcasing the convergence of both the Bearish Shark and Bearish Crab Patterns in the same region.
My strategy involves waiting for the market to reach the 0.9000 region before considering engagement. At this level, I anticipate price action traders joining in, amplifying the trade potential.
What are your thoughts or trade plans for AUDCAD? Share your insights or potential strategies below!
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🏦 Qualify Junior Analyst within 90days
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Live session & Trading Tips on the GO
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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.
🕒 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.