Trade idea - AUDCAD Long

14 thg 84H

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Instant market execution Buy.

1% risk.

Bullish M pattern & Bullish Fake Out flag pattern as extra evidence.

14 thg 8

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3M

Pattern within pattern potentially in play.
Inverse Head & Shoulders, Bullish M.

Clear support & resistance zone is there.

Ascending trend line holding up price.

14 thg 8

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WEEKLY

Double bottom pattern can be in play with the fake out towards that 3M zone.

Clear support & resistance zone is there.

14 thg 8

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DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

Ascending trend line holding up price.

15 thg 8

Đóng lệnh: dừng lỗ

-1%. Volatility around 3 AM because of news. Potentially looking for re-entry.