Bearish AUDCAD
Now Price is moving and touched the supply area and begin to bullback again , so we wait for strong bearish candle to confirm the reversal again.
Confluences:
1-Price is moving below EMA 200 at 4H and Daily chart.
2-Tha primary trend is downward so we are searching for sell orders only below the identified supply area which has been touched and respected by price more times.
Confluences:
1-Price is moving below EMA 200 at 4H and Daily chart.
2-Tha primary trend is downward so we are searching for sell orders only below the identified supply area which has been touched and respected by price more times.
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