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Trade idea - AUDCAD Long

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4H

Bullish impulse: indication.

Pattern within pattern: confirmation.
Inverse Head & Shoulders pattern + Bullish Fake Out flag pattern.

Clear support & resistance zone is there.

-68 Fibonacci completion aligning with entry zone.

Corrective approach towards entry zone.

= Buy limit.

1% risk.

RBA Gov Bullock speaks at 1.30 AM. Be aware.

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.

註釋

WEEKLY

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

Clear support & resistance zone is there.

註釋

DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

Ascending trend line holding up price.