Trade idea - AUDCAD Long

8月14日

4H

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.

8月14日

註釋

3M

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

Clear support & resistance zone is there.

Ascending trend line holding up price.

8月14日

註釋

WEEKLY

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

Clear support & resistance zone is there.

8月14日

註釋

DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

Ascending trend line holding up price.

8月15日

交易結束：達到停損點

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