AUDCAD | Hidden Bearish Divergence

2024年7月16日

The AUDCAD chart shows the formation of a Hidden Bearish Divergence, indicating that the current uptrend may soon reverse into a downtrend. Additionally, there is high-impact CAD news today with the release of the CPI data.

On the chart, there is also the formation of parallel channels. We expect these channels to break soon, supported by the confirmation of the Hidden Bearish Divergence.

In summary:

1: Hidden Bearish Divergence: Indicates a potential reversal from an uptrend to a downtrend.
2: High-Impact CAD News: The release of CPI data today could significantly influence the price.
3: Parallel Channels: The chart shows parallel channels, and a breakout is anticipated soon.

These factors together suggest a potential shift in the trend, but it's crucial to monitor the news and conduct thorough analysis before making any trading decisions.

2024年7月19日

交易結束：目標達成

TP 1: Hit :-)

2024年7月22日

交易結束：目標達成

TP 2: Hit :-)

2024年8月5日

交易結束：目標達成

TP 3: Hit :-)

2024年8月5日

交易結束：目標達成

All TP's Hit 3.24RR achieved 150+ Pips Profit