AUDCAD - 4hrs ( Great Buy Chance After Break 0.93800 )

Pair Name : AUD/CAD
Time Frame : 1 analysis / 4hr'
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map

Key Technical / Reason's LONG - After Break
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Description

The price is now close to breaking an important pattern on the 4 hour time frame. It is expected to rise 200 pip after breaking the 0.9350 area with a high volume candle. In fact, this area contains 5 strong reasons to enter

- The first reason
A price pattern that has been broken, and it is already a reliable reversal pattern

- The second reason
Breaking the volume profile area, above the poc liquidity, which gives greater strength to buyers

- third reason
Broken Fixed volume poc strong at the same point

- The fourth reason
Breaking the role exchange area, high liquidity and daily support on the 4-hour time frame

- Fifth reason
Rebounded from weekly support at 0.92500 area, which gives greater buying momentum as well

- Sixth reason
Breaking the daily high and the weekly high at 0.9380