Trade idea - AUDCAD Long

١٤ أغسطس

4H

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Instant market execution Buy.

1% risk.

Bullish M pattern & Bullish Fake Out flag pattern as extra evidence.

١٤ أغسطس

ملاحظة

3M

Pattern within pattern potentially in play.
Inverse Head & Shoulders, Bullish M.

Clear support & resistance zone is there.

Ascending trend line holding up price.

١٤ أغسطس

ملاحظة

WEEKLY

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

Clear support & resistance zone is there.

١٤ أغسطس

ملاحظة

DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

Ascending trend line holding up price.

١٥ أغسطس

أغلقت الصفقة: تم الوصول لوقف الخسارة

-1%. Volatility around 3 AM because of news. Potentially looking for re-entry.