AUDCAD 4 Hour Analysis (11 August 2023)
1. Price is following the trendline
2. Also, we can see two zones, supply
and demand areas, price can stay in this
zone for a while
3. If the price breaks the trend, and also
the DMI shows -DMI line crossing above
+DMI and ADX, we can have one
bearish entry
4. if price again takes support from
the trend, we can go for long
1. Price is following the trendline
2. Also, we can see two zones, supply
and demand areas, price can stay in this
zone for a while
3. If the price breaks the trend, and also
the DMI shows -DMI line crossing above
+DMI and ADX, we can have one
bearish entry
4. if price again takes support from
the trend, we can go for long
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