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AUDCAD has unfolded a compelling Bullish Shark Pattern trading setup on its weekly chart, offering amazing opportunities for those who engaged in the trade three weeks ago.
For those who missed the initial move, a strategic move would be to await the market's respect of the Support Level on the 4-hourly chart. To identify this respect, one approach is to watch for a double bottom formation with RSI Divergence, ideally aligning with the support line.
Now, I'm curious about your trade plan for AUDCAD. What strategy are you employing? Feel free to share your insights below!
For those who missed the initial move, a strategic move would be to await the market's respect of the Support Level on the 4-hourly chart. To identify this respect, one approach is to watch for a double bottom formation with RSI Divergence, ideally aligning with the support line.
Now, I'm curious about your trade plan for AUDCAD. What strategy are you employing? Feel free to share your insights below!
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