AUD/CAD Institutional Analysis 31.12.2020 📉

🎯 Price is in the Monthly, Weekly, daily levels. COT looks better for the CAD as the sentiment is growing. I will be looking for this trade in next year.

This is pre-plan based on the COT and Retail positions. M, W, D, H4 Time-frames trends and Parallel Channels. I will execute on the M30 at institutional level if the all conditions are met.

✅ Traders, you are welcome to share your charts, thoughts and questions lets discuss it.

📌VIDEO EXPLANATION - Watch this video analysis to understand what is behind this idea.
⏬Click on the picture to play the video

📌 Multi-time frame view - Monthly, Weekly, Daily, H4
⏬Click on the picture to zoom view of all timeframes

📌COT - Weekly reported positions of large traders. Data is reported on Tuesday and published on Fridays.
⏬Click on the picture to see the numbers properly (Get this free indicator in my scripts, its updated on Saturdays)

Wish you good hunt !!

Dave FX Hunter ⚔

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❗❗ This is Pre-plan
That means my view can change, depends on how the price will arrive to the level and what will be happening on the M30 in my level of interest for entry. Then I will decide if I will enter or not. So please don't just blindly follow this. FX market is quickly changing environment and it requires full focus on the levels for the precise entry with low risk.

❗❗ DISCLAIMER
We are the only one person who is responsible for our health, relationships, success and money in our life's. So taking a risk on the markets based on this idea is only and only your decision. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Author of the analysis does not accept liability for any loss or damage.

❗❗ Legal Risk Disclosure
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding