PAIR:- AUDCAD
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF + Trend Lines + Cypher Harmonic Pattern + Bullish reversal candlestick (highlighted in yellow)
Retested trend line on 15M LTF
Bullish reversal candles (hanging man) @ previously strong support historically
Previous history of moving swiftly upwards from previous support (blue tick), expecting same this time as well
Cypher Harmonic pattern - bullish
S/R Lines @ 1W/1D/4H/2H/1HR/45M/30M to take entry in 30M tf
ENTRY:- CMP
TP:- 0.89427
SL:- 0.88945
RR:- 2:1
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF + Trend Lines + Cypher Harmonic Pattern + Bullish reversal candlestick (highlighted in yellow)
Retested trend line on 15M LTF
Bullish reversal candles (hanging man) @ previously strong support historically
Previous history of moving swiftly upwards from previous support (blue tick), expecting same this time as well
Cypher Harmonic pattern - bullish
S/R Lines @ 1W/1D/4H/2H/1HR/45M/30M to take entry in 30M tf
ENTRY:- CMP
TP:- 0.89427
SL:- 0.88945
RR:- 2:1